Missouri Revised Statutes Title XXIII. Corporations, Associations and Partnerships § 351.390. Corporation's powers to purchase, hold, transfer or dispose of its own shares

(1) Eliminating fractional shares;

(2) Collecting or compromising claims of the corporation, or securing any indebtedness to the corporation previously incurred;

(3) Paying dissenting shareholders entitled to payment for their shares in the event of a merger or consolidation or a sale or exchange of assets;

(4) Effecting, subject to the other provisions of this chapter, the retirement of its redeemable shares by redemption or by purchase at not to exceed the redemption price.