The Capital Markets (Public Offers, Listings and Disclosures) Regulations, 2023

58. Off-market purchases to be approved by Authority

Edition: 2023-12-15 · In force

If a listed company intends to buy back its shares through off-market purchases, that company shall submit to the Authority for approval—

(a)the draft share buyback contract in line with the requirements for private transactions; and

(b)the shareholders’ circular.