In accordance with federal law "On Joint Stock Companies, entering additions and changes to the charter and approval of its new edition – is the exclusive prerogative of the general meeting of shareholders. Such decision of the shareholders by majority vote, which is three-quarters of all votes of shareholders – Owners of the shares of those that participate in such meeting of shareholders. They are not transmitted to the decision the board of directors or supervisory board of the organization. The exception is a series of questions. In particular, the question of amending the statute, which refers to the capital increase (which is spelled out in the relevant articles of the Federal Law on Joint Stock Companies "). But even in such situations, the statute society or in the general meeting should be clearly stated right board of directors (supervisory board) on its ability to make decisions that are associated with a change of charter capital in a big way towards increase the nominal value of shares or to place an additional number of them.
In the case where the change in share capital in a big party going on by placing an additional amount of shares, the authorized capital increases in the total value of outstanding nominal value of shares in such a way. For the board of directors may be reserved the right to decide also the task of changing the charter capital by reducing it. Solution organization of the general meeting of shareholders in the company's charter amendments are entered, determining changes in the charter capital way of reducing it, for the purpose of which is the acquisition of shares for their maturity.