ICI 2.38% 2.1¢ icandy interactive limited

Ann: Update - Notification of buy-back - ICI, page-69

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  1. 1,915 Posts.
    lightbulb Created with Sketch. 1199
    sounds like you're copying & pasting American stock information for the US market; i found no such information from ASIC or in our Corporations Act.

    the share buy-back section reference in our Corporations Act is 257A-J. found what i was looking for here:
    https://asic.gov.au/for-business/running-a-company/shares/share-buy-backs/
    https://asic.gov.au/for-business/running-a-company/shares/cancellation-of-shares/
    http://www5.austlii.edu.au/au/legis/cth/consol_act/ca2001172/s257h.html
    http://classic.austlii.edu.au/au/legis/cth/consol_act/ca2001172/s254y.html

    so i'm quite sure bought back shares will be cancelled; unless someone can show me where the company said otherwise, as i cannot locate that, & i have not found any Australian legislation permitting bought back shares to be re-issued, or that they can be used by the company in any way. if anyone can find that information, i'd appreciate it...

    @Surandy70 new shares were issued for the acquisitions; those forms were filed
 
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8 1365050 2.0¢
 

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Price($) Vol. No.
2.1¢ 141395 3
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