Grounds and Conditions for Admissible Acquisition of Own Shares by a Joint-Stock Company under the Bulgarian Commercial Law Cover Image

Основания и условия за допустимо придобиване на собствени акции от акционерно дружество по търговския закон
Grounds and Conditions for Admissible Acquisition of Own Shares by a Joint-Stock Company under the Bulgarian Commercial Law

Author(s): Grigor Naydenov Grigorov
Subject(s): Law, Constitution, Jurisprudence, Civil Law, Commercial Law
Published by: Пловдивски университет »Паисий Хилендарски«
Keywords: acquisition; own shares; joint-stock company; creditors; shareholders
Summary/Abstract: The main object of the present work is to make a short analize of the grounds and conditions for acquisition of own shares by a joint-stock company. The issue of the ban on the acquisition of own shares is also touched upon, paying particular attention to the interests of creditors and those of shareholders that may be affected. The various methods that the Bulgarian Commercial Law contains for the acquisition of own shares according to the statutory requirements are commented on, as well as the conditions for the acquisition of own shares according to Art. 187a, Para. 2 and Para. 4 of the Commercial Law, the conditions for redemption and the conditions for the redemption of shares with redemption privileges.