Treasury Shares definition

Treasury Shares means Shares that were previously issued but were purchased, redeemed, surrendered or otherwise acquired by the Company and not cancelled.

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Treasury Shares means any share that was acquired and held by the Company, or as treated as having been acquired and held by the Company, which has been held continuously by the Company since it was acquired and which has not been cancelled; and

Treasury Shares means shares of a company that were previously issued but were repurchased, redeemed or otherwise acquired by the company and not cancelled.

Examples of Treasury Shares in a sentence

The Company shall issue the necessary Warrant Shares out of the Company’s Treasury Shares and/or the conditional share capital for shareholders’ options at its own discretion.
The Company covenants that, during the period the Warrant is outstanding, it will reserve from its Treasury Shares and/or conditional capital for shareholders’ options a sufficient number of shares to provide for the issuance of the Warrant Shares upon the exercise of any purchase rights under this Warrant.
For the avoidance of doubt, the Holder shall be entitled to the benefits of the provisions of this Section 3(e) regardless of (i) whether the Company has sufficient Treasury Shares and/or conditional capital for shareholders’ options for such number of Common Shares for the issuance of Warrant Shares and/or (ii) whether a Fundamental Transaction occurs prior to the Initial Exercise Date.
The Company shall inform the Holder within due time after having received the Notice of Exercise if the respective Warrant Shares are to be issued from the Treasury Shares and/or the conditional capital for shareholders’ options.
The Company shall deliver the necessary Shares for the Closing out of the Company’s Treasury Shares.

More Definitions of Treasury Shares

Treasury Shares means a Share held in the name of the Company as a treasury share in accordance with the Act.

Treasury Shares means qualifying shares (within the meaning of section 724(2) of the 2006 Act) held by the Company under section 724(3)(a) of the 2006 Act;

Treasury Shares means Shares held in treasury pursuant to the Companies Act and these Articles;

Treasury Shares means Shares that were previously issued but were purchased, redeemed or otherwise acquired by the Company and not cancelled, in accordance with these Articles, the Law and the Applicable Listing Rules; and

Treasury Shares means shares in the capital of the Company held by the Company as treasury shares within the meaning set out in section 724(5) of the Act;

Treasury Shares has the meaning set forth in Section 2.1(b)(ii).

Treasury Shares means a Share held in the name of the Company as a treasury