Categories
COMPANY SHARES

How to redeem shares

InfoDocs offers four share reorganisation transactions that are easily completed on the app: Changing Authorised Shares, Re-classifying or Converting Shares, Redeeming Shares, and Share buy-backs. All of these can be found in the Share Classes tab, under Actions, and by clicking on Share Reorganisations. Follow the easy steps below to complete your company’s share redemption. […]

Categories
COMPANY DIRECTORS SHAREHOLDERS SHARES

Company Records

The Companies Act 71 of 2008 (as amended) requires all companies to maintain certain company records for a period of seven years. A company must at all times have a copy of its Memorandum of Incorporation (“MOI”) and any amendments or alterations to it, as well as any rules that apply to the company in […]

Categories
COMPANY SHARES

How to record a share redemption

InfoDocs offers four share reorganisation transactions that are easily completed on the app: Changing Authorised Shares, Re-classifying or Converting Shares, Redeeming Shares, and Share buy-backs. All of these can be found in the Share Classes tab, under Actions, and by clicking on Share Reorganisations. Follow the easy steps below to complete your company’s share redemption. […]

Categories
SHAREHOLDERS SHARES

How to record a share re-organisation

InfoDocs offers four share re-organisation transactions that are easily completed on the app: Changing Authorised Shares, Re-classifying or Converting Shares, Redeeming Shares, and Share buy-backs. All of these can be found in the Share Classes tab, under Actions, and by clicking on Share Reorganisations. Below is an outline of each of the four transactions and […]

Categories
CIPC SHARES

How to record a change in authorised shares

Either the directors or shareholders of a company may increase or decrease the number of authorised shares for a particular share class by amending the Memorandum of Incorporation (“MOI”) and filing a COR15.2 with the CIPC. To record a change in authorised shares on InfoDocs, simply follow the easy steps below. If you haven’t created […]

Categories
SHARES

How to consolidate shares

Companies pursue Share Consolidations (otherwise known as Reverse Stock-Splits) to increase the company’s share price in order to generate greater investment interest. A share consolidation may also be a company’s attempt at meeting the minimum trading bid size in order to ensure its listing status for trading on the stock exchange.  Alternatively, companies undergo Share […]

Categories
SHARES

How to convert par value shares

InfoDocs offers four share reorganisation transactions that are easily completed on the app: Changing Authorised Shares, Re-classifying or Converting Shares, Redeeming Shares, and Share buy-backs. All of these can be found in the Share Classes tab, under Actions, and by clicking on Share Reorganisation. Follow the easy steps below to convert your company’s par value […]

Categories
SHARES

How to cancel a share certificate

A share certificate can be cancelled through a share transfer, share buyback, share redemption or share conversion. Below we outline how to cancel a share certificate through each of these transactions. Canceling a share certificate through a share transfer: Go to the Shareholders tab and click on Transfer Shares 2. Select who the shares should […]

Categories
SHARES

How to purchase own shares

InfoDocs offers four share reorganisation transactions that are easily completed on the app: Changing Authorised Shares, Re-classifying or Converting Shares, Redeeming Shares, and Share buybacks. All of these can be found in the Share Classes tab, under Actions, and by clicking on Share Reorganisations. Follow the easy steps below to complete your company’s purchase own […]

Categories
SHARES

How to record a share buyback

InfoDocs offers four share reorganisation transactions that are easily completed on the app: Changing Authorised Shares, Re-classifying or Converting Shares, Redeeming Shares, and Share buybacks. All of these can be found in the Share Classes tab, under Actions, and by clicking on Share Reorganisations. Follow the easy steps below to complete your company’s share buyback […]