The FSA temporarily relaxed the restrictions regarding the upper limit on the volume of purchase per day and the timing of purchase until the end of this year in order to facilitate the purchase of own stocks by listed companies.
The FSA temporarily relaxed the restrictions regarding the upper limit on the volume of purchase per day and the timing of purchase until the end of this year in order to facilitate the purchase of own stocks by listed companies.
The upper limit on the volume of purchase per day will be raised from the current 25 percent to 100 percent of average daily trading volume during the four weeks immediately preceding the purchase.
Also, the restriction that companies are required to purchase their own stocks during hours other than the 30 minutes immediately before the close of trading will be lifted.
Press release
© FSA Japan
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