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 may not purchase its own shares unless they are fully paid.
Where a limited company purchases its own shares, the shares must be paid for on purchase.
But subsection (2) does not apply in a case where a private limited company is purchasing shares for the purposes of or pursuant to an employees' share scheme.
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Reuse reviewed 21 August 2026 under Open Government Licence v3.0.
