Also, after cancellation the company does not hold any treasury shares
7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities and its Amendments ('Executive Bylaws'), which define treasury shares
as a company's shares which the issuing company re-purchases or buys back or otherwise makes use of.
This will be implemented through a programme of purchasing treasury shares
, to be executed in two stages.
Following this directed share issue, the number of series A treasury shares
in the company is now 323,318.
Oxley Holdings Executive Chairman and CEO Ching Chiat Kwong, said, This placement of our treasury shares
attracted a good mixture of prominent investors from institutional funds, corporate and individual investors, which demonstrates the strong confidence investors have in our long-term prospects.
A Company wishing to buy or sell Treasury Shares
must seek and obtain the approval of the CMA and, in relation to the company purchasing its shares; it must submit a report to the CMA detailing the reasons for such acquisition.
73 million in potential treasury shares
valued at P316.
Following this transfer Vodafone holds 4,134,504,333 of its ordinary shares in treasury and has 49,680,502,956 ordinary shares in issue, excluding treasury shares
BU) had sold 1,585,559 of its treasury shares
to European Bank for Reconstruction and Development (EBRD) on the over-the-counter market under its agreement on July 9, with OTP Bank as investment service provider, OTP said.
Finnish telecommunications company Elisa Oyj (HEL:ELISA) reported on Thursday that 6,894 shares have been transferred from common account to Elisa's treasury shares