BRK 0.57% 44.3¢ brookside energy limited

Ann: Update - Notification of buy-back - BRK, page-33

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  1. 622 Posts.
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    ……..If a proposed share buy-back is over the 10/12 limit, then it can only take place following passage of an ordinary resolution (passed with a simple majority vote of shareholders). A proposed share buy-back within the 10/12 limit does not require a resolution……

    so as I understand it they have to go back to the shareholders for approval to get the facility to buy back more.
 
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