NO&T Thailand Legal Update
1. Background
Treasury shares are shares which are owned by the issuing company as a result of buyback from its shareholders under certain circumstances permitted by law. In Thailand, numerous public limited companies established under the Public Limited Company Act (“Company”) use the treasury share mechanism as a financial tool for various purposes, e.g., returning profits to shareholders, and creating a financially attractive image. There are laws outlining the concept and the process of share buyback for the Company. Recently, there has been an attempt to amend the law concerning the treasury share and the cabinet has approved the draft amendment of such law on 9 February 2021 which turns the spotlight on this matter. Thus, this article will elaborate on the concept of treasury share under the current relevant laws and provide a glimpse of the updated amendment thereon.
Patricia O. Ko
Yuan Yao Lee
Yusei Uji
Shunsuke Minowa, Poonyisa Sornchangwat (Co-author)
Patricia O. Ko
Yuan Yao Lee
Yusei Uji
Shunsuke Minowa, Poonyisa Sornchangwat (Co-author)
Ryuji Oka
Yothin Intaraprasong, Theerada Temiyasathit (Co-author)
Yuichi Miyashita, Miho Susuki (Co-author)
Makoto Saito, Shinichiro Horaguchi, Yoshihisa Watanabe, Ramsay Randall (Co-author)
Ryuji Oka
(May 2025)
Keitaro Oshimo
Ario Putra Pamungkas
(October 2024)
Sosuke Kimura (Co-author)
Supasit Boonsanong, Thananya Pholchaniko, Phareeya Yongpanich (Co-author)
Patricia O. Ko
Claire Chong, Nozomi Kato (Co-author)
Yuan Yao Lee
Supasit Boonsanong, Thananya Pholchaniko, Phareeya Yongpanich (Co-author)
Patricia O. Ko
Claire Chong, Nozomi Kato (Co-author)
Yuan Yao Lee
Supasit Boonsanong, Thananya Pholchaniko, Phareeya Yongpanich (Co-author)
Nopparak Yangiam, Parot Promkam (Co-author)
Shunsuke Minowa, Poonyisa Sornchangwat (Co-author)
Shohei Sasaki, Shunsuke Minowa, Poonyisa Sornchangwat, Kwanchanok Jantakram (Co-author)
