icon-angleicon-facebookicon-hatebuicon-instagramicon-lineicon-linked_inicon-pinteresticon-twittericon-youtubelogo-not
People

With one of the largest legal teams in Japan, we bring a wealth of practical knowledge focused on the singular purpose of providing high quality legal services.

Publications

Our lawyers have authored or co-authored a number of newsletters, articles, books and other materials covering a wide range of legal areas to address the latest legal developments and increasingly diverse and complex issues.

Seminars

We regularly hold seminars and offer lectures through various formats, such as online streaming.

SCROLL
TOP
Publications
Newsletters

Expected Amendment to Treasury Stock Regulation to Facilitate Share Buyback Program

NO&T Thailand Legal Update

Author
Yothin Intaraprasong, Poonyisa Sornchangwat, Kwanchanok Jantakram (Co-author)
Publisher
Nagashima Ohno & Tsunematsu
Journal /
Book
NO&T Thailand Legal Update No.10 (April, 2021)
Reference
Practice Areas
*Please note that this newsletter is for informational purposes only and does not constitute legal advice. In addition, it is based on information as of its date of publication and does not reflect information after such date. In particular, please also note that preliminary reports in this newsletter may differ from current interpretations and practice depending on the nature of the report.

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.

Download Newsletter PDF

Lawyers

Corporate Related Publications

General Corporate Related Publications

Finance Related Publications

Financial Regulations Related Publications

Global Practice Related Publications

Asia and Oceania Related Publications

Thailand Related Publications

Apply Select Practice Areas
Apply