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Knowledge Base
Shares - Summary

This guideline examines:

  • discusses different types of shares;
  • examines the difference between, and importance of, authorised and issued share capital;
  • discusses the process of allotment (issue) of shares;
  • discusses pre-emption rights;
  • discusses the price at which shares can be issued;
  • looks at the requirements for registration and stamping;
  • discusses differing rights which shareholders may have, depending on what class of shares they have;
  • examines the procedure involved where a company buys back its shares; and
  • discusses the role of shareholders.
     
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