Classes of Shares and Share Redemption in Italian and UK Company Law: the Peculiar Case of the Redeemable Shares

This work consists of a description and comparison of the UK and Italian approaches to equity finance with particular reference to these nations’ respective regimes concerning the issue of classes of shares. In this article, the author aims to (i) verify whether UK rules on classes of shares and share redemption are really as flexible as they appear to be or if there are limits to this flexibility; (ii) determine these limits (if any); and (iii) establish if there are possible convergences between the Italian and UK systems.