share buyback

It is not uncommon to hear of companies purchasing their own shares from shareholders, explains Steve Collings.

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On 09 March 2011 Jennifer Adams posted an article on, Share buy-backs: Get the det

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Jennifer Adams responds to recent Any Answers queries with a summary of the requirements for companies that want to buy their own shares.

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 Hi

I am hoping someone could provide some guidance on accounting for a share buyback and cancellation in a private company.  The situation I am trying to account is as follows: