HKiNEDA Online Seminar : Treasury Shares effective 11 June 2024 and in the context of Share Buy-backs and Privatisation

INTRODUCTION:

This seminar is specially prepared for those attendees who would like to know the updated regulatory requirements of Treasury Shares Regime. All materials will be based on the consultation conclusions, HKEX’s Guidelines on Treasury shares and related regulations. In order to have a comprehensive and insightful understanding of the Treasury shares, two relevant topics namely Share Buy-backs and Privatisation have been included in the contents therein.

CONTENT:

1. Share buy-backs

1.1 Meaning of share buy-backs

1.2 Reasons for a share buy-backs

1.3 follow-up matters after share buy-backs

1.4 Types of share buy-backs

1.5 Impact of share buy-backs on the shareholding of controlling shareholder

2. Privatisation

2.1 Meaning of Privatization

2.2 Reasons for privatization

3. HKEX - Treasury shares

3.1 Rule amendments to remove the requirement to cancel repurchased shares

3.2 Rule amendments to regulate treasury shares and other consequential rule amendments

3.3 HKEX - FAQ

Date:  27 November 2024 (Wednesday)

Time:  12:30 – 14:00

Format: By Zoom

Language:   Cantonese (with technical terms and materials in English)

Fee: Free (Members of HKiNEDA or supporting organizations) 

HKD 200 (Non-members) 

Attendance certificate will be provided upon request.

*Zoom Link will be sent to participants 1 day before the webinar.