SEC reopens comment period for proposed share repurchases rule, again

For a second time, the SEC has reopened the comment period for proposed amendments to its disclosure requirements about an issuer’s stock repurchases. The proposed rules were issued for public comment in December 2021, and again in October 2022.

The SEC staff has prepared a memorandum that discusses the effects of the new excise tax imposed by the Inflation Reduction Act that may be helpful in evaluating the proposed amendments.

Comments are due 30 days after publication in the Federal Register.
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