Part Three · Joint Stock Company · Chapter Two · The Company’s Share Capital · Section Three · Change of Share Capital · Third · Purchase by Company of its shares
A company may purchase some of its shares by a resolution of the board of directors in the circumstances and according to the rules prescribed by the Regulations, provided that such purchase shall not result in the reduction of its share capital below the minimum level prescribed by law, or affect its ability to pay its debts.
This site currently publishes a verified part of the instrument; the remaining provisions continue to exist and apply independently of their absence from this corpus. Interpretation and application must be checked against the official Arabic text and the current version.
