Share repurchase of limited company:
1. Reduce the registered capital of the company. If a joint stock limited company wants to reduce its registered capital, its shareholders may transfer its equity to the company for repurchase.
2. When merging with other companies holding the company's equity, the company can buy back shareholders' equity only when merging with other companies holding the company's equity;
3. The shares are awarded to the employees of the company, and the repurchased shareholders' rights and interests are awarded to the employees of the unit;
4. Shareholders have objections to the resolution of merger or division made by the shareholders' meeting.
Second, detailed analysis
Share repurchase means that a limited liability company repurchases the shares held by shareholders in the company, and shareholders can also quit the company in this way. Share repurchase can be divided into agreement repurchase and litigation repurchase, which is similar to the fact that the company has not paid dividends to the company for five consecutive years, but in fact the company has been profitable for five consecutive years, and shareholders can consider letting the company buy back shares.
3. What are the conditions for the company to buy back its shares?
1. The company has not distributed profits to shareholders for five consecutive years, but the company has made profits for five consecutive years and met the prescribed conditions for distributing profits;
2. The merger, division or transfer of the company's main property;
3. When the business term stipulated in the Articles of Association expires or other dissolution reasons stipulated in the Articles of Association occur, the shareholders' meeting will adopt a resolution to amend the Articles of Association to make the Company survive.