Taiwan Stock Exchange - Rules & Regulations Directory

Article NO. Content

Title:

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

Amended Date: 2022.08.15 
Article 11-1
    These Regulations shall apply mutatis mutandis to primary exchange-listed and primary OTC-listed companies as defined in Article 3, subparagraph 2 of the Regulations Governing the Offering and Issuance of Securities by Foreign Issuers.
    With respect to the provisions of Article 8, paragraph 1, subparagraph 2 regarding income derived from the issuance of shares at a premium and from endowments received, for primary exchange-listed and primary OTC-listed companies, the laws and regulations of the company's country of registration shall control.
    When a primary exchange-listed or primary OTC-listed company buys back shares, it shall apply to the stock exchange for registration in compliance with the Regulations Governing Investment in Securities by Overseas Chinese and Foreign Nationals and the operating rules and bylaws of the stock exchange.
    When a primary exchange-listed or primary OTC-listed company performs amendment registration in connection with a buyback of shares, unless there is any compulsory provision otherwise in the laws of the country of registration, the company shall perform amendment registration for the cancellation of the shares in compliance with Article 28-2, paragraph 4 of the Securities and Exchange Act, and within 10 days counting from and inclusively of the date of completion of the cancellation procedures, apply to the Stock Exchange or the GreTai Securities Market to carry out the matters in connection with the amendment.

Interpretation:

Relevant Laws:

Data Source:Taiwan Stock Exchange - Rules & Regulations Directory
twse-regulation.twse.com.tw