Home News China – SZSE Major Shareholding, Repurchase
On 16 October 2018,
SZSE issued shareholding increase, repurchase guides.
Announcement Format of Shareholding Increase Plan and Implementation of Major Shareholders, Directors, Supervisors, Senior Executives of Listed Companies. Refined disclosure requirements on subject, content, and implementation status of shareholding increase where a shareholding increase plan is voluntarily disclosed.
Also the Announcement Format of Share Repurchase Plan and Implementation of Listed Companies (hereinafter referred to as Repurchase Announcement Format). Also published clear disclosure requirements for content of share repurchase plans, review procedures, implementation progress if companies repurchase by bidding.
This is another measure by SZSE to continuously regulate the information disclosure requirements on hot market matters, strengthen binding force on listed companies.
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