Policy and practice analysis of share repurchase in China's capital market
ZHANG Di
Abstract：Share repurchase is a fundamental institutional arrangement in the capital market.Through share repurchases,listed companies can not only convey their confidence in future development to the market,which is conducive to increasing stock prices and stabilizing investor expectations,but also further promote the stable and healthy development of China's capital market.This article reviews the policy development of share repurchases,introduces the common motivations for share repurchases,elaborates on the policy optimization of share repurchases,and analyzes the market practices of share repurchases.Market practice has shown that the active guidance of share repurchase policies has greatly increased the activity of share repurchases in listed companies.At the same time,this article highlights the issues that need to be paid attention to in share repurchases,and proposes that listed companies should comply with the law and regulatory requirements when conducting share repurchases.This article suggests that listed companies should take on the main responsibility for high-quality development,strengthen their main business,seek innovation,and value returns.
Keywords：share repurchasecapital marketpolicy optimizationlegal compliancehigh-quality development
Publication Date：2025-03-28
Online Publishing Date：2025-08-15(First online date of this platform, not the publication date of the document)
Pages：8( 173-180 )