Share buybacks: private companies
A note on share buybacks by private limited companies under Part 18 of the Companies Act 2006. This note examines the methods of financing a buyback and considers the simplified procedures for buybacks relating to an employees' share scheme and post-completion obligations such as company filings. Furthermore, it explores wider regulatory considerations, including the potential implications of the National Security and Investment Act 2021, obligations concerning defined benefit pension schemes, and tax and stamp duty consequences.
Already a Practical Law customer? Sign in
Get access to this document with Practical Law
Why Practical Law?
Gain a built-in attorney network
Practical Law’s resources are written and maintained by over 650 dedicated, full-time attorney-editors globally. They’re highly qualified, having practiced at the world’s leading law firms, corporate law departments, and government agencies, so they understand the challenges you face. They dedicate themselves to creating resources to help you navigate the new legal realities, legislative changes, and practice areas impacting your clients or organisation.
See how to leverage the expertise of Practical Law’s attorney-editors to help you practice more efficiently.
Learn more about Practical Law
Expert guidance
650+ full-time, experienced attorney-editors keep you up to date globally
Total resources
118,000+ total resources across 17 practice areas ensure comprehensive coverage
Timely updates
150,000+ hours spent in 2025 maintaining and updating resources