Share Buyback Package

As part of this package, our expert lawyers will assist your business with the share buyback process.

This package includes:

• Guidance on share buyback process and the kinds of permissions and disclosures you need to communicate with the shareholders
• Drafting the Share Buyback Agreement in accordance with your requirements
• Preparing Form 280
• Phone consultations (up to 60 minutes) with a Sprintlaw lawyer who will take your instructions, advise you on the legal issues you need to know and answer your questions about the document
• 1 x complimentary amendment to the final draft we provide you, as long as you request the amendment within 10 business days of us delivering the final draft

Please note that this package does not include us conducting any due diligence on the company, advising on tax or direct negotiations, attending signing or settlement or any correspondence with the counterparty or their lawyers.

This scope also assumes that the transaction does not involve reviewing the company constitution, employment or other compliance issues.

The share buyback process is very heavily regulated by the Australian Securities and Investments Commission (ASIC).

Companies must closely follow a set of important administrative procedures when engaging in a share buyback. If these procedures aren’t followed, the share buyback may not be effective and ASIC may impose penalties.

To ensure you navigate this process correctly and avoid issues with ASIC, it’s important to have the help of an experienced lawyer.

Our fixed-fee Share Buyback Packages start at $2300 + GST.

As an online law firm, we eliminate the headaches of paying us by the hour and finding time to meet with a lawyer in person. We communicate via phone, email and cloud conferencing — whichever suits you! We know you’re busy, so we’re only a click away.

You’ll be guided through this process by our expert lawyers, who are Australian-qualified and were trained at leading law firms. They left the traditional corporate law sphere to help us make legal services better. Our lawyers specialise in technology, intellectual property, contract drafting, corporate and commercial law.