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What are the new rules for stock reduction?
After the reduction of stamp duty on stocks, the transaction cost of stocks has decreased, so some investors are worried about the reduction of major shareholders. So, what are the new rules for stock reduction in 2023? Does the new stock reduction regulation stipulate the reduction price? The following Xi Cai Jun has prepared relevant contents for your reference.

New rules for stock reduction:

1. If the listed company has broken the net, or has not paid cash dividends in the last three years, and the accumulated cash dividends are less than 30% of the average annual net profit in the last three years, the controlling shareholder and actual controller shall not reduce the shares of the company through the secondary market;

2. The total number of shares reduced by a major shareholder holding 5% of the shares of a listed company through centralized bidding transactions in the stock exchange within three months shall not exceed1%of the total number of shares of the company;

3. When the number of shares sold by the original non-tradable shareholders who hold or control more than 5% of the shares listed on the stock exchange reaches 1% of the total shares of the company, it shall be announced within two working days from the date of this fact;

4. If a major shareholder holding 5% of the shares of a listed company reduces its shares through centralized bidding on the stock exchange, it shall disclose the reduction plan 15 trading days in advance;

5. If a listed company reduces its repurchased shares by centralized bidding, it shall reduce its holdings by no more than 200,000 shares per day, and the daily reduction shall not exceed 25% of the average daily turnover in the 20 trading days before the disclosure date of the reduction plan;

6. In any consecutive 90 natural days, the total number of shares reduced shall not exceed 65,438+0% of the total number of shares of the company.

Note that the original shares can only be reduced after the lifting of the ban, and the original shares are lifted:

1. Ordinary original shares: the shares of the company held by the promoters shall not be transferred within one year from the date of establishment of the company, and those held for more than one year may be transferred by themselves. Cocoa, cocoa, cocoa, cocoa.

2. The original non-tradable shareholders who hold more than 5% of the total shares of a listed company will sell the original non-tradable shares by listing on the stock exchange after the expiration of the time limit specified in the preceding paragraph. Shares sold within 65,438+02 months account for no more than 5% of the total shares of the company, and no more than 65,438+00% within 24 months.