Implementing Regulation of the Companies Law for Listed Joint Stock Companies

Release Date:	1444-09-05
Release Tool:	Councils and commissions decisions
Issuance Instrument Number:	2023-16-2
Validity:	Cancelled
Summary:	By AI The text addresses the provisions of the Capital Market Authority in Saudi Arabia related to the management of joint-stock companies, focusing on the deposit of financial statements, board of directors' reports, and auditors' reports. It emphasizes the importance of compliance with disclosure and transparency rules and specifies the regulations regarding a company purchasing its own shares and holding them as treasury shares. It also discusses the responsibilities of the board of directors and t...

Release Date:

1444-09-05

Release Tool:

Councils and commissions decisions

Issuance Instrument Number:

2023-16-2

Validity:

Cancelled

Summary:

By AI

The text addresses the provisions of the Capital Market Authority in Saudi Arabia related to the management of joint-stock companies, focusing on the deposit of financial statements, board of directors' reports, and auditors' reports. It emphasizes the importance of compliance with disclosure and transparency rules and specifies the regulations regarding a company purchasing its own shares and holding them as treasury shares. It also discusses the responsibilities of the board of directors and t...