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Category:	Business
Word Count:	686
Featured Papers from DirectEssays 1. REPORT ON THE COSTS and BENEFITS OF A BUILDING SOCIETY CONVERTING ... 2. Effect of Corporate Tax Cut on the Market 3. What are mutual Funds 4. Cornelius Vanderbilt 5. Back Roads Tawni Oamp39dell

	Share Buy-Back
	Share buy-backs were legalized in 1989 in Australia. Companies since then were permitted by Corporations Law to conduct buy-back of its shares in Australia. In Malaysia, listed companies were first allowed to buy-back their own shares in September 1997 and the regulations go with accordance to Companies Act 1965. A share buy-back is a procedure governed by the Corporations Law. Section 257A of Corporation Law enables companies to buy its own ordinary shares, fully or partly paid and then cancel

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