Is it legal for an enterprise and its subsidary to buy shares in the same company and then sell the subsidary owned shares to its enterprise?
I don’t understand what you mean?
I think I got it.
My company is A. I have a subsidiary B.
Both A & B buys stocks in Company X.
Can B now sell the stocks in company X to A?
(This could be a way to transfer money with holding/sub).
Yes, it can do, but only on the exact market price per share.