# The Companies (Tables A to F) Regulations 1985, Paragraph 32

Extent: E+W+S

The company may by ordinary resolution—
(a) increase its share capital by new shares of such amount as the resolution prescribes;
(b) consolidate and divide all or any of its share capital into shares of larger amount than its existing shares;
(c) subject to the provisions of the Act, sub-divide its shares, or any of them, into shares of smaller amount and the resolution may determine that, as between the shares resulting from the sub-division, any of them may have any preference or advantage as compared with the others; and
(d) cancel shares which, at the date of the passing of the resolution, have not been taken or agreed to be taken by any person and diminish the amount of its share capital by the amount of the shares so cancelled.

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Source: https://www.legislation.gov.uk/uksi/1985/805/schedule/part/1/paragraph/32 (the official version)
Page: https://openlegislation.uk/companies-tables-a-to-f-regulations-1985/schedule/part-1/paragraph-32
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.