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Amendments

Title：

Regulations Governing Share Repurchase by Exchange-Listed and OTC-Listed Companies  CH

Amended Date： 2022.08.15 
Article Content Content Search Article No. Search Legal Basis Amended Article Legislative History Chinese

Title： Regulations Governing Share Repurchase by Listed and OTC Companies(2002.07.30)
Date：
Article 2 　A company repurchasing its own shares at a centralized securities exchange market or at the place of business of a securities firm shall, within two days of the day on which the resolution was made at a meeting of the board of directors, announce the repurchase, and report the below listed items to the Securities and Futures Commission (SFC):
　
　1. Purpose of the repurchase
　2. Types of shares to be repurchased
　3. Ceiling on total monetary amount of the repurchase
　4. Planned period for the repurchase, and number of shares to be repurchased
　5. Price range of the shares to be repurchased
　6. Method for the repurchase
　7. Number of shares held at the time of reporting
　8. Status of repurchases within three years prior to the time of reporting
　9. Status of repurchases that have been reported but not completed
　10. Record of decision to repurchase shares resolved by the board of directors
　11. Rules for Transfer of Shares provided in Article 10 of these Regulations
　12. Rules for Conversion of Shares or Rules for Subscription of Shares provided in Article 11 of these Regulations
　13. Declaration that the financial state of the company was considered at a meeting of the board of directors and that the maintenance of its capital would not be affected by the repurchase
　14. Appraisal by a certified public accountant or securities firm of the reasonableness of the price of the shares to be repurchased
　15. Other items specified by the SFC
　　
　Within two months of the day of expiration of the reporting period for the planned repurchase, the company may, through a majority vote at a meeting of the board of directors attended by at least a two-thirds quorum, amend the originally reported purpose of the repurchase by filing a report with the SFC.