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Article NO. Content


Taiwan Stock Exchange Corporation Rules Governing the Repurchase of Taiwan Depositary Receipts by Secondary Listed Companies  CH

Amended Date: 2015.06.23 
Categories: Primary Market > Management > Secondary Listings
Article 5     A TWSE secondary listed company repurchasing its own Taiwan depositary receipts shall complete the repurchase within 2 months counting inclusively from the public announcement date specified in Article 17, and, upon expiration of that period or within 5 days counting inclusively from completion of the repurchase, it shall publicly announce the status of execution of the repurchase by the method specified in Article 3 and report to the TWSE by submitting the downloaded data and relevant documentation. If execution of the repurchase has not been completed upon expiration of the period and if execution of another repurchase is required, another repurchase proposal shall be submitted to a meeting of the board of directors for a resolution.