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Home› Company & Audit Law› Company Law Directive (codification)

Chapter IV · Capital maintenance and alteration  ›  Section 4 · Rules on companies' aquisitions of their own shares › Article 62

Consequences of illegal acquisition of own shares

Shares acquired in contravention of Articles 60 and 61 shall be disposed of within one year of their acquisition. If they are not disposed of within that period, Article 61(3) shall apply.

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