Capital Reduction definition

Capital Reduction means the proposed reduction of the share capital of the Target under Sections 72 and 74 of the Act, which forms part of the Scheme.
Capital Reduction means a reduction in capital by ANZ of its Ordinary Shares in any way permitted by the provisions of Part 2J of the Corporations Act.
Capital Reduction means the proposed reduction of the share capital of Eagle under Sections 72 and 74 of the Act, which forms part of the Scheme.

Examples of Capital Reduction in a sentence

  • The Company shall use its best efforts to cause its shareholders to vote in favor of the Capital Reduction.

  • Australian Securities & Investments Commission, Regulatory Guide 209 Credit licensing: Responsible lending conduct, published 9 December 2019, available at: https://download.asic.gov.au/media/5403117/rg209-published-9-december-2019.pdf.

  • The Capital Reduction itself will not involve any distribution or repayment of capital or share premium by the Company and will not reduce the underlying net assets of the Company.

  • Article 31Registered Share Capital Reduction by Refraining from Issue of Shares1.

  • Article 30Registered Share Capital Reduction by Reducing Nominal Value of Shares1.


More Definitions of Capital Reduction

Capital Reduction means the capital reduction of the Company to reduce
Capital Reduction means the proposed reduction of King’s share capital under Sections 84 to 86 of the Act, associated with the cancellation of the Scheme Shares;
Capital Reduction means a reduction in capital initiated by MBL in its discretion in respect of MBL Ordinary Shares in any way permitted by the provisions of Part 2J of the Australian Corporations Act;
Capital Reduction means the reduction in Enodis’ share capital pursuant to section 135 of the Companies Act 1985, involving the reduction and cancellation and extinguishing of the Scheme Shares as provided for by the Scheme;
Capital Reduction means a reorganisation or restructure of the capital of Kiwibank which results in the reduction on the number of Ordinary Shares on issue, and includes an acquisition by Kiwibank in accordance with the Companies Act.
Capital Reduction means the selective reduction of 2,14,42,343 (Two Crore Fourteen Lakhs Forty-Two Thousand Three Hundred and Forty-Three) fully paid-up equity shares of face value INR 10 (Indian Rupees Ten) each of the Company held by EBWT, without payment of any consideration to EBWT;
Capital Reduction means the proposed reduction of the par value of each issued share from HK$0.10 each to HK$0.01 each by cancelling HK$0.09 paid-up capital on each issued share upon the Share Consolidation becoming effective;