Get the free Buy-back of Shares on May 22, 2014 - I-Remit, Inc.

5/23/2014 Share Buy-Back Transactions C02744-2014 SECURITIES AND EXCHANGE COMMISSION SEC FORM 17-C CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER

How to fill out buy-back of shares on

How to fill out buy-back of shares on:

1. Obtain the necessary documents: Gather all the necessary documents required for the buy-back of shares process. This may include the company's articles of association, a board resolution approving the buy-back, and any other relevant legal documents.
2. Determine the shares to be bought back: Identify the specific shares that the company intends to buy back. This can be done by referring to the company's records and shareholder agreements, if any.
3. Determine the buy-back method: Decide on the method of buy-back, whether it is through a tender offer, open market purchases, or off-market transactions. Consult legal advisors to determine the most appropriate method based on the company's requirements and prevailing regulations.
4. Set the buy-back price: Determine the price at which the company will buy back the shares. This can be based on various factors such as market value, book value, or a predetermined formula mentioned in the company's articles of association.
5. Prepare the buy-back offer: Draft a buy-back offer detailing the terms and conditions of the buy-back, including the number of shares to be bought back, the buy-back price, and the timeline for accepting the offer. Ensure compliance with legal requirements and shareholder approval, if necessary.
6. Notify shareholders: Send the buy-back offer to the shareholders along with any relevant documents and instructions on how to participate in the buy-back. This should be done through a formal notification, preferably via registered mail or email, ensuring all shareholders receive the offer.
7. Monitor shareholder responses: Track and record the responses from shareholders who wish to participate in the buy-back. Maintain a transparent and accurate record of all acceptances and rejections.
8. Execute the buy-back: Once the buy-back application period is complete, calculate and verify the final number of shares to be bought back based on the shareholder acceptances. Follow the legal and regulatory requirements for executing the buy-back, including payment procedures and shareholder notifications.

Who needs buy-back of shares:

1. Companies aiming for capital restructuring: Companies looking to readjust their capital structure may opt for a buy-back of shares. By purchasing their own shares, the company reduces the number of outstanding shares, potentially increasing the value of the remaining shares and providing greater control to existing shareholders.
2. Shareholders seeking liquidity: Shareholders who wish to sell their shares but find limited opportunities in the open market may benefit from a buy-back. This provides an avenue for shareholders to monetize their investments and exit the company if desired.
3. Companies aiming for employee incentives: Some companies utilize buy-back programs to acquire shares for employee stock ownership plans (ESOPs) or equity-based compensation schemes. This helps attract and retain talented employees by offering ownership and involvement in the company's growth.

In conclusion, filling out a buy-back of shares entails several steps, including gathering documents, determining shares, selecting a buy-back method, setting the price, preparing the offer, notifying shareholders, monitoring responses, and executing the buy-back. This process is applicable to companies aiming for capital restructuring, shareholders seeking liquidity, and companies implementing employee incentive programs.

For pdfFiller’s FAQs

What is buy-back of shares on?

Buy-back of shares is the process by which a company repurchases its own shares from the market.

Who is required to file buy-back of shares on?

Companies that are repurchasing their own shares from the market are required to file buy-back of shares.

How to fill out buy-back of shares on?

Buy-back of shares can be filled out by providing details of the transaction, including the number of shares being repurchased and the price at which they are being bought back.

What is the purpose of buy-back of shares on?

The purpose of buy-back of shares is to return value to the shareholders, improve financial ratios, and boost the company's stock price.

What information must be reported on buy-back of shares on?

Information such as the number of shares being repurchased, the price at which they are being bought back, and the impact of the buy-back on the company's financials must be reported.

How do I make changes in buy-back of shares on?

pdfFiller not only lets you change the content of your files, but you can also change the number and order of pages. Upload your buy-back of shares on to the editor and make any changes in a few clicks. The editor lets you black out, type, and erase text in PDFs. You can also add images, sticky notes, and text boxes, as well as many other things.

Can I create an electronic signature for signing my buy-back of shares on in Gmail?

With pdfFiller's add-on, you may upload, type, or draw a signature in Gmail. You can eSign your buy-back of shares on and other papers directly in your mailbox with pdfFiller. To preserve signed papers and your personal signatures, create an account.

How do I complete buy-back of shares on on an Android device?

On Android, use the pdfFiller mobile app to finish your buy-back of shares on. Adding, editing, deleting text, signing, annotating, and more are all available with the app. All you need is a smartphone and internet.