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Options to finance share buy-backs?

Options to finance share buy-backs if there negative P&L reserves

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What other options are there to finance share buy-backs for leavers at nominal value (not bad leavers) if there are negative P&L reserves? I don't want to dividend from group companies - is there another option?

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19th Apr 2019 17:40

Answers: None and no.

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to Accountant A
19th Apr 2019 18:02

Permissible capital payment?

Capital reduction using solvency statement?

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By Izza101
to Wilson Philips
19th Apr 2019 21:08

Thanks that’s helpful.
Do you know if there is any way to reverse a dividend which has been paid in order to jave distributable reserves to make a historic buy back?

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to Izza101
19th Apr 2019 21:33

You need to give more details of what is in the balance sheet in terms of shareholders funds.

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to Izza101
19th Apr 2019 22:16

Izza101 wrote:

Thanks that’s helpful.
Do you know if there is any way to reverse a dividend which has been paid in order to jave distributable reserves to make a historic buy back?

I'm going with none and no. Unless it was illegal when it happened?

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By Izza101
to Tax Dragon
20th Apr 2019 08:15

Thanks. No it wasn’t.

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