Buy back of equity share
This query is : Resolved
22 June 2007
To,
A non listed profitable public limited co. having non comulative pref. sh. proposed to buy back sh.
Can it buy back sh. without declaring dividend to non cumulative sh. holders.
A non listed profitable public limited co. having non comulative pref. sh. proposed to buy back sh.
Can it buy back sh. without declaring dividend to non cumulative sh. holders.
08 August 2007
As it's non - cumulative, It can buy back Pref. Shares without declaring dividend.
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