Remedy
Start free

Section 690: Power of limited company to purchase own shares

Companies Act 2006 · 2006 c. 46View on legislation.gov.uk

Part 18: Acquisition by limited company of its own shares — Chapter 4: Purchase of own shares

A limited company having a share capital may purchase its own shares (including any redeemable shares), subject to—

the following provisions of this Chapter, and
any restriction or prohibition in the company's articles.

A limited company may not purchase its own shares if as a result of the purchase there would no longer be any issued shares of the company other than redeemable shares or shares held as treasury shares.

About this text

This legislation text comes from legislation.gov.uk. Contains public sector information licensed under the Open Government Licence v3.0. These source and reuse terms cover the legislation text, not Remedy's commentary.

Reuse reviewed 21 August 2026 under Open Government Licence v3.0.