A statutory, non-distributable reserve into which amounts are transferred following the redemption or purchase of a company's own shares out of ...

an amount of money that a company in the UK must keep when it buys back shares, and which it cannot pay to shareholders as dividends: The capital redemption ...

The amount in the Capital Redemption Reserve is equal to the nominal value of the redeemable preference shares. The company has to transfer the profits ...

Quick Reference. A reserve created if a company purchases its own shares in circumstances that result in a reduction of share capital.

17 апр. 2024 г. · What is Capital Redemption Reserve? · It is a sum set aside from the profits equal to the face value of the shares which are to be redeemed. Importance of Capital... · Companies Act and Capital...

10 авг. 2021 г. · Capital Redemption Reserve (CRR) is a requirement under the Companies Act which applies to buy-back schemes and redemptions of preference capital.

A non-distributable reserve into which amounts are paid following a redemption or share buyback in accordance with CA 2006, s 733.

733(5) The company may use the capital redemption reserve to pay up new shares to be allotted to members as fully paid bonus shares.

(2) The capital redemption reserve account may be applied by the company, in paying up unissued shares of the company to be issued to member of the company as ...

(4) The company may use the capital redemption reserve to pay up new shares to be allotted to members as fully paid bonus shares.