As per Oman Commercial Company Law, it is mandatory to follow all the criteria for the...
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As per Oman Commercial Company Law, it is mandatory to follow all the criteria for the process of Treasury stock. By keeping this in mind, evaluate the following and select which criteria should be followed by the company to repurchase shares as per Other criteria, except? a. Repurchase shares issue again not possible at least for two years b. Repurchase share value should not exceed the amount of distributable retained profits c. Repurchased shares shall have no rights d. Repurchased shares should not be kept in business for more than a year As per Oman Commercial Company Law, it is mandatory to follow all the criteria for the process of Treasury stock. By keeping this in mind, evaluate the following and select which criteria should be followed by the company to repurchase shares as per Other criteria, except? a. Repurchase shares issue again not possible at least for two years b. Repurchase share value should not exceed the amount of distributable retained profits c. Repurchased shares shall have no rights d. Repurchased shares should not be kept in business for more than a year
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