Capital depreciation

The shareholders’ meeting can decide to reduce the subscribed capital by the cancellation of shares (stocks) or by reduction of the number of shares (stocks) by amendment of the articles of association. This is called capital depreciation. The decision must indicate to which shares (stocks) it relates to and the manner of implementation of the decision.

Subscribed capital is the capital of a Dutch limited company that is issued by the limited company and which is provided to the company by the shareholders. The shareholders have received shares (stocks) in return.