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