The Bank of England said that in accordance with the terms of the prospectus dated 19 December 1986, that the rate of interest payable on the 2 1/2% Index-Linked Treasury Stock 2024 for the interest payment due on 17 July 2016 will be GBP3.
In accordance with the terms of the prospectus dated 12 June 1992, the Bank of England said that the rate of interest payable on the 4 1/8% Index-Linked Treasury Stock 2030 for the interest payment due on 22 July 2016 will be GBP3.
10) to spend up to NT$9 billion to buy back 200,000,000 shares of treasury stock
at the price range of NT$33-45, in order to protect the interests of shareholders and pave the way for the introduction of strategic investors.
AT least six companies are in a position to raise funds through the sale of treasury stock when in need, as done by Reliance Industries Ltd ( RIL) and JP Associates ( JPA) in the recent past.
The total value of the treasury stock held by all these companies as of June 30, 2009 was about Rs 32,798 crore.
Companies buying back their shares must, as a matter of principle, do so in open bids, while the government would not set the upper limit of treasury stocks
so long as they are acquired within the limits of their dividend-paying capabilities.
In accordance with the terms of the prospectus dated 14 January 1983, the Bank of England revealed that the rate of interest payable on the 2 1/2% Index-linked Treasury Stock
for the interest payment due on 26 July 2015 will be GBP3.
According to the merchant bankers, it is the largest treasury stock
sale in the country and the second- largest deal pushed through accelerated global tender ( AGT).
The sluggish performance of the stock markets prompted the ruling Liberal Democratic Party to take up a proposal that the introduction of treasury stocks
be permitted as a way to support share prices.
In addition, the Board has an obligation to establish a long-term dividend policy to enhance shareholder values, and make a conscientious response regarding treasury stock
purchase that was promised to shareholders in the past.
The Bank of England on Tuesday announced that the rate of interest payable on its 2 1/2% index-linked treasury stock
2016, 2 1/2% index-linked treasury stock
2024, and 4 1/8% index-linked treasury stock
But Justice Minister Masahiko Komura, former head of the Economic Planning Agency, expressed a qualified willingness to remove a legal limit on the use of treasury stock
to reversing the plunging stock market.