ADVOKS GLOBAL · KENYA
The Capital Markets (Public Offers, Listings and Disclosures) Regulations, 2023
68. Reporting and disclosures
Edition: 2023-12-15 · In force
68. Reporting and disclosures
(1)A listed company that undertakes a share buy-back transaction shall submit to the Authority or securities exchange, as the case may be, once in each day a report on the share buy-back transaction undertaken during that day and the treatment of the shares acquired by the listed company including a report on the price and volume of shares bought back, treasury shares sold and cancellation of the shares, where applicable.(2)A listed company that undertakes a share buyback transaction shall disclose in its annual report any share buyback transaction undertaken in the year to which the report relates and the treatment by the company of the shares bought back.