Share buy-back: related pages

Large payments to shareholders that change the companies’ financial structure. They may be made in several different ways.

Treasury shares are a company's holdings of its own shares.

The particular combination of debt, equity (shares) and other sources used by a company to finance its long term requirement for capital.

The proposition that the proportion of debt to equity does not affect the total value (debt + equity) of a company.

An number shown on the balance sheet; the total of the par values of all shares in issue.

The issue of new shares to existing shareholders at no charge in proportion to their existing shareholdings. It is basically a bookkeeping exercise.