10@12 Webinar – Buybacks: why they go wrong and how to put them right
14th November 2025 1200
A company’s ability to purchase its own shares can be a powerful tool in the management of a company’s capital, shareholder relations, and even in estate planning. However, the buyback process is fraught with numerous procedural traps for the unwary. Failure to observe any one of the requirements has severe consequences, which often do not surface until years after the buyback, for the company, the shareholders and even third parties.
In this webinar, Nigel Dougherty and Carleen Sobczyk will demystify the conditions for a successful buyback and give practical tips on what to do when things go wrong.
10 points that will be covered :
1. What is the scope of this talk?
2. What are the consequences of getting an own share purchase wrong?
Why do they go wrong?
3. What if there isn’t the requisite authority to buyback shares?
4. What if the shares aren’t fully paid?
5. Is there a need for of separate contract?
6. What if there is a failure in obtaining approval by the members?
7. What is meant by payment “on purchase”?
8. What if there are other problems in addressing the “purchase” price?
9. What is the effect of a failure to make statutory returns?
How to put it right?
10. How to address defective buybacks?
