Buy-back programmes of treasury shares under the Greek Law

Postgraduate Thesis uoadl:2049646 425 Read counter

Unit:
Κατεύθυνση Εμπορικό Δίκαιο
Library of the School of Law
Deposit date:
2017-10-19
Year:
2017
Author:
Papazisis Zisis
Supervisors info:
Αλεξάνδρα Μικρουλέα, Αναπληρώτρια Καθηγήτρια Τομέα Β' Ιδιωτικού Δικαίου, Τμήμα Νομικής, ΕΚΠΑ
Χριστίνα Λιβαδά, Επίκουρος Καθηγήτρια Τομέα Β' Ιδιωτικού Δικαίου, Τμήμα Νομικής, ΕΚΠΑ
Νικόλαος Βερβεσός, Επίκουρος Καθηγητής Τομέα Β' Ιδιωτικού Δικαίου, Τμήμα Νομικής, ΕΚΠΑ
Original Title:
Τα προγράμματα επαναγοράς ιδίων μετοχών κατά το ελληνικό δίκαιο
Languages:
Greek
Translated title:
Buy-back programmes of treasury shares under the Greek Law
Summary:
The present thesis deals with the buy-back programs of listed companies, under the Greek Securities Law. In this context, we have examined the conditions to be met, according to the MAR Regulation (596/2014), at every stage (preparation, announcement, implementation and termination of the programme), highlighting the strict substantive requirements therein and its detailed disclosure system, which aims to minimize the effects of such programmes on market. Further, and in relation to the above, we point out certain issues arising out of the buy-back programs regarding market abuse generally (in particular market manipulation), as in practice such programmes are used in many occasions by the issuers, in order to distort the market; the requirements of the Greek Corporate Law are also included and examined. Finally, we approach the buy-back programs at international scale, focusing on topical issues, that concern the literature in the USA.
Main subject category:
Law and Legislation
Other subject categories:
Commercial Law
Keywords:
Securities law, market abuse, market manipulation, treasury shares, buy-back programmes, OMRs,
Index:
No
Number of index pages:
0
Contains images:
No
Number of references:
34
Number of pages:
106
File:
File access is restricted only to the intranet of UoA.

Τα προγράμματα επαναγοράς ιδίων μετοχών κατά το Ελληνικό Δίκαιο.pdf
1 MB
File access is restricted only to the intranet of UoA.