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