Section 692(1ZA)

If authorised to do so by its articles, a private limited company may purchase its own shares out of capital otherwise than in accordance with Chapter 5, up to an aggregate purchase price in a financial year of the lower of— £15,000, or the nominal value of 5% of its fully paid share capital as at the beginning of the financial year.

← 1 · All articles · 1A →

Source: legislation.gov.uk · retrieved 2026-09-04