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.
Rashmi Grover
Anastasia Jessica Maureen
(December 2024)
Hiromi Hattori, Yuichi Miyashita (Co-author)
Yuan Yao Lee
Rashmi Grover
Anastasia Jessica Maureen
(January 2025)
Shunsuke Minowa, Yothin Intaraprasong, Ponpun Krataykhwan, Nopparak Yangiam, Salin Kongpakpaisarn, Poonyisa Sornchangwat (Co-author)
Anastasia Jessica Maureen
Motoki Saito, Gaku Oshima, Yuta Kawamura (Co-author)
(April 2025)
Keiji Tonomura, Shu Sasaki, Kazuyuki Ohno, Otoki Shimizu (Co-author)
(March 2025)
Masayuki Fukuda, Motohiro Yanagawa, Hideaki Suda (Co-author)
(December 2024)
Hiromi Hattori, Yuichi Miyashita (Co-author)
(October 2024)
Sosuke Kimura, Shunsuke Wakita (Co-author)
(September 2024)
Keiko Shimizu, Kensuke Suzuki, Takashi Itokawa (Co-author)
(October 2024)
Keiko Shimizu, Koichiro Yoshimura (Co-author)
Wolters Kluwer (August 2024)
Takashi Itokawa (Co-author)
Rashmi Grover
Poonyisa Sornchangwat, Kwanchanok Jantakram (Co-author)
Yoichi Maekawa
Kara Quek, Kennosuke Muro (Co-author)
Rashmi Grover
Poonyisa Sornchangwat, Kwanchanok Jantakram (Co-author)
Yoichi Maekawa
Kara Quek, Kennosuke Muro (Co-author)
Poonyisa Sornchangwat, Kwanchanok Jantakram (Co-author)
Yothin Intaraprasong, Chattong Sunthorn-opas, Thunsinee Sungmongkol (Co-author)
Shunsuke Minowa, Poonyisa Sornchangwat, Niparat Pothong (Co-author)
(January 2025)
Shunsuke Minowa, Yothin Intaraprasong, Ponpun Krataykhwan, Nopparak Yangiam, Salin Kongpakpaisarn, Poonyisa Sornchangwat (Co-author)
