Article NO. Content


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

Amended Date: 2022.08.15 
Article 7     For a company repurchasing its own shares, except for a repurchase taking place under the circumstances described in Article 43-1, paragraph 1 of the Securities and Exchange Act, the total number of shares repurchased per day may not exceed one third of the total number planned for the repurchase. The company may not provide price quotations prior to the beginning of trading hours, and shall appoint not more than two securities brokers to execute the repurchase.
    A company repurchasing its own shares shall not be subject to the restriction regarding the number of shares repurchased specified in the preceding paragraph where the number of shares repurchased is not more than 200,000 shares per day.

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