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Alias Born 11/14/2018

Re: None

Wednesday, 06/25/2025 3:55:07 PM

Wednesday, June 25, 2025 3:55:07 PM

Post# of 55104
Gotta love it 4.+m shares today for less than .0007. A few will look back at this day and just shake their head, but they must have their reasons . With everything ready to take off and selling, I just wish us in the states could buy at theses prices. GLTA
For the ones thinking the company is buying shares . WARNING AI QUESTION AND ANSWER BELOW

Does a company have to report if they are buying shares of their company on the EM

Yes, a company generally has to report if they are buying shares of their own company, even on an exchange like the emerging market (EM). This is part of the reporting requirements for share repurchases.
Here's why and what kind of information they typically need to report:
Transparency and Investor Protection: Requiring companies to report share buybacks helps ensure transparency and protects investors. This allows investors to have a clear understanding of a company's actions regarding its own stock.
SEC Requirements: The Securities and Exchange Commission (SEC) has adopted rules that require companies to report share repurchases.
Detailed Disclosures: These rules require companies to provide detailed information about their buyback activities, including:
Daily repurchase activity: Disclosure of daily repurchase data, including the number of shares purchased, the average price paid, and other relevant information.
Objectives and rationale: Companies must disclose the reasons for their buybacks and the process or criteria used to determine the amount of repurchases.
Policies and procedures: Disclosure of policies and procedures related to officer and director trading during a buyback program.
Rule 10b5-1 plans: Disclosure of any Rule 10b5-1 trading plans used in connection with the buyback.
Reporting Frequency: The reporting frequency for share repurchases can vary depending on the type of issuer. Domestic issuers report quarterly, while foreign private issuers utilizing domestic forms report quarterly in an exhibit to Forms 10-Q and 10-K (for the fourth fiscal quarter). Foreign private issuers not utilizing domestic forms report on a new Form F-SR, which is due within 45 days after the end of each fiscal quarter.
Important Note: The SEC's Share Repurchase Disclosure Modernization Rule, which would have required companies to report daily repurchase activity more frequently, was vacated by a court in December 2023. However, companies must continue to report share repurchase data under the existing rules in Form 10Qs, Form 10Ks, Form 20-Fs, or Form N-CSRs.
The information provided here is for informational purposes only and does not constitute legal or financial advice. For specific guidance on reporting requirements related to share buybacks, it is advisable to consult with legal counsel or a qualified professional.
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