Board Resolution Approving Purchase of Shares

About this template:

You can use this template as an example of a document containing details of the board approval to buy shares to be signed by the board. The point of a Board Resolution is to address a specific issue that the board needs to decide on. It is a way of documenting a decision made by a Corporation's Board of Directors or Shareholders on behalf of the Corporation in writing. This particular board resolution deals with board approval to buy shares. You can see more board resolution templates that you may find useful here https://www.templateguru.co.za/documents/

Excerpt:

BOARD RESOLUTION APPROVING PURCHASE OF SHARES OF [COMPANY NAME] THAT the Company will purchase all the issued and outstanding Common Shares in the authorised capital stock of [COMPANY NAME] from the following sellers

Download