Mayer Brown's "Top 10 Practice Tips: Stock Repurchase Programs" provides a reader-friendly overview of stock buyback programs with reference to the current regulatory scheme and suggests a range of practical considerations for program authorization, structure, disclosure, and other important considerations.As previously reported, the Society submitted a robust comment letter to the SEC in response to its recently proposed Share Repurchase Disclosure Modernization rule, which would appear likely to unnecessarily discourage buybacks notwithstanding their generation of multiple benefits to companies and investors.
Access additional information & resources on our Capital Allocation/Capital Structure page. This post first appeared in the weekly Society Alert!