When the company decides to purchase its own shares for the purpose of cancelling them and reducing its capital in due proportion, it shall make the purchase offer to all shareholders.
To this end, it shall published in a newspaper authorized to publish legal notices of the
headquarters location a notice containing the following information:
1) the name of the company; 2) the type of the company; 3) the address of the headquarters; 4) the amount of the stated capital; 5) the number of shares whose purchase is contemplated; 6) the price offered per share; 7) the payment method; 8) the period during which the offer is opened. This term offer may not be less than thirty (30) days from the publication of the notice; 9) the place where the acceptance of the offer may occur.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 170
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
How Lex Cameroon marks its texts →
Section 643 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/2014-01-30/auscgie-2014
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