| 1. | Article 11 : a listed company may not offer new shares during the share buyback period
第十一条上市公司在回购股份期间不得发行新股。 |
| 2. | Article 18 : after adopting the share buyback resolution , the listed company shall notify its creditors in accordance with the law
第十八条上市公司做出回购股份决议后，应当依法通知债权人。 |
| 3. | Such a deal would be easier to pull off between governments rather than with pesky independent shareholders . so buying them out makes sense
与政府达成这种交易可比与恼人的独立股东容易多了.这就是回购股份的作用 |
| 4. | Article 5 : when a listed company intends to buy back its shares , it shall perform its information disclosure obligations in accordance with these procedures
第五条上市公司回购股份，应当依据本办法的规定履行信息披露义务。 |
| 5. | Although we are creating a giant company , we still have other modes of transport that would provide competition in the trade of public transport
在整个过程，政府的政策都是希望把我们的资产私有化，所以不存在我们要向小股东回购股份的问题。 |
| 6. | The directors , supervisors and senior management personnel of a listed company shall act honestly and carry out their duties diligently and faithfully during a share buyback
上市公司的董事、监事和高级管理人员在回购股份中应当忠诚守信，勤勉尽责。 |
| 7. | Finally , the sincere warning can be heard : the debt - to - stock without sound governance structure , its aim could n ' t be reached , even the former could be weakened
笔者认为不妥，因股东权利是法定权利， 《意见》不能随意剥夺。 ( 4 )企业回购股份问题。 |
| 8. | Article 7 : no one may take advantage of a share buyback by a listed company to engage in insider trading , manipulate securities prices or engage in securities fraud
第七条任何人不得利用上市公司回购股份从事内幕交易、操纵证券交易价格和进行证券欺诈活动。 |
| 9. | Article 4 : a share buyback by a listed company shall be beneficial to the sustainable development of the company and may not prejudice the lawful rights and interests of the shareholders or creditors
第四条上市公司回购股份，应当有利于公司的可持续发展，不得损害股东和债权人的合法权益。 |
| 10. | Article 17 : to pass a resolution on the share buyback at the shareholders ' general meeting of the listed company , it shall require at least two - thirds of the votes of the shareholders in attendance
第十七条上市公司股东大会对回购股份做出决议，须经出席会议的股东所持表决权的三分之二以上通过。 |
