CoSec Add-on – Share Buyback

WHAT’S IT FOR?

A Share Buyback allows a company to buy back shares from one or more shareholders. Companies often do this to increase the ownership stake of existing shareholders and clean up their existing cap table. As well as having a buyback agreement in place, you’ll need to make sure you lodge an ASIC Form 280 and prepare required documentation under the Corporations Act.

WHAT’S INCLUDED?

We’ll help facilitate the process of a share buyback.

This package includes:

• Quick review of your company constitution to identify any specific requirements for your company
• Preparing resolutions and meeting notices to comply with the Corporations Act
• Preparing an ASIC Form 280 (this will need to be physically mailed by you)
• Phone consultations (up to 30 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 agreement

Please note: This package does not include preparing a Share Buyback Agreement. If you require an agreement, please let us know and we will provide you with an additional fixed fee quote.