Conn. Gen. Stat. § 33-684

Current with legislation from 2024 effective through June 5, 2024.
Section 33-684 - Corporation's acquisition of its own shares
(a) A corporation may acquire its own shares and shares so acquired constitute authorized but unissued shares.
(b) If the certificate of incorporation prohibits the reissue of the acquired shares, the number of authorized shares is reduced by the number of shares acquired.

Conn. Gen. Stat. § 33-684

( P.A. 94-186, S. 54, 215; P.A. 96-271, S. 44, 254; P.A. 03-18, S. 4.)