As you know I've been doing a lot of reading and researching lately and today I stumbled across an article about the benefits of DRIP. All of which I understand and agree with, apart from this statement:

"The shares sold through the DRIP are taken out of the company's share reserve. DRIP shares cannot be sold on the market; when investors are ready to sell their DRIP shares, they must sell them back to the company that issued them at the current market price."

Is this correct? I was under the impression that shares achieved via DRIP were equal to all other shares and you could do what you liked with them eg: sell on the secondary market later if you chose to.

This was from a site called Investopedia which would appear to be US based so maybe things are different over there. I hope so.