China Securities Regulatory Commission, Administration of the Buyback by Listed Companies of Their Public Shares Procedures (Trial Implementation)

中国証券监督管理委员会上市公司回购社会公众股份管理办法 (试行)

July 02, 2005 | BY

clpstaff &clp articles

Issued: June 16 2005Effective: as of date of issueMain contents: The Procedures consist of:Part One: General ProvisionsPart Two: General Provisions Governing…

Clp Reference: 3710/05.06.16 Promulgated: 2005-06-16 Effective: 2005-06-16

Issued: June 16 2005
Effective: as of date of issue

Main contents: The Procedures consist of:
Part One: General Provisions
Part Two: General Provisions Governing Share Buybacks
Part Three: Share Buyback Procedure and Information Disclosure
Part Four: Special Provisions for Share Buybacks Effected by Way of the Centralized Competitive Trading Method
Part Five: Special Provisions for Share Buybacks Effected by Way of an Offer
Part Six: Oversight Procedures and Legal Liability
Part Seven: Supplementary Provisions
Related legislation: PRC Company Law (Amended), Oct 27 2005, CLP 2005 No.10 p.21; PRC Securities Law (Amended), Oct 27 2005, CLP 2006 No.1 p.31 and Administration of the Issuing and Trading of Shares Tentative Regulations, Apr 22 1993, CLP 1993 No.6 p.23

clp reference:3710/05.06.16(1)prc reference:证监发 [2005] 51 号promulgated:2005-06-16effective:2005-06-16

This premium content is reserved for
China Law & Practice Subscribers.

  • A database of over 3,000 essential documents including key PRC legislation translated into English
  • A choice of newsletters to alert you to changes affecting your business including sector specific updates
  • Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]