A redemption returns shares to the company and reduces issued capital. Use this when the company buys back shares from one or more shareholders.

  1. Open the entity client's detail page.
  2. Click the Contacts tab and scroll to the Capital section.
  3. Click the capital type.
  4. Click Redeem Shares.
  5. Step 1 — total amount: enter the total number of shares being redeemed and the redemption price per share.
  6. Step 2 — allocation: allocate the redemption across shareholders. The total must equal the amount in step 1.
  7. Click Save.

The issued share count drops by the redeemed amount, the affected shareholders' counts decrease, and shareholding percentages are recalculated across the remaining holders.

Tip: A redemption is different from a transfer — it permanently retires the shares rather than passing them to another holder. If you want to move shares between holders, use Transfer Shares instead.

Note: Local company law often restricts how and when a redemption can be executed (e.g. only out of distributable reserves). The platform tracks the event; it does not check legal compliance — confirm the action is permitted under the entity's jurisdiction before recording it.