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All listed firms required to disclose details on treasury stocks (opens original article in a new tab)

TL;DR

South Korea's financial regulator requires all listed firms to disclose treasury stock details, with stricter cancellation timelines and restrictions on bond sales.

  • All listed firms must disclose treasury stock details under revised Commercial Act rules.
  • Treasury stocks must be canceled within a year of purchase and existing ones within 18 months.
  • Firms using treasury stocks for employee compensation need shareholder approval before disclosure.

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