What is a Share Redemption?
Redemptions are when a company requires shareholders to sell a portion of their shares back to the company. For a company to redeem shares, it must have stipulated upfront that those shares are redeemable.
Reference: Investopedia Repurchases and Redemptions
Reference: Investopedia Repurchases and Redemptions
Updated on: 30/05/2024
Thank you!