All Countries
Mergers & Acquisitions
Share Buyback Agreement

Share Buyback Agreement Template for Belgium

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Share Buyback Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Share Buyback Agreement

"I need a Share Buyback Agreement under Belgian law for our listed technology company to repurchase 50,000 shares from institutional investors, with completion planned for March 2025, ensuring compliance with FSMA regulations and including market announcement provisions."

Celebrated by
Collaborations with
Investors
Document background
The Share Buyback Agreement is a crucial document used when a Belgian company decides to repurchase its own shares from existing shareholders, whether for capital structure optimization, excess cash utilization, or as part of an employee share scheme. This document type is essential in Belgian corporate practice and must comply with the strict requirements of the Belgian Code of Companies and Associations, particularly Articles 7:215 to 7:220. The agreement becomes especially complex for listed companies, which must also comply with Market Abuse Regulation and FSMA requirements. It typically includes detailed provisions on purchase price calculation, completion mechanics, representations and warranties, tax treatment, and regulatory compliance. The document serves as both a legal framework for the transaction and a compliance tool to ensure adherence to Belgian corporate law requirements.
Suggested Sections

1. Parties: Identification of the company and the selling shareholder(s)

2. Background: Context of the share buyback, corporate approvals, and relevant company information

3. Definitions: Defined terms used throughout the agreement

4. Sale and Purchase: Core terms of the share buyback including number of shares, price, and payment terms

5. Conditions Precedent: Required conditions to be met before completion, including corporate and regulatory approvals

6. Completion: Mechanics and timing of the buyback execution

7. Seller's Warranties: Representations regarding share ownership, authority to sell, and absence of encumbrances

8. Company's Warranties: Representations regarding corporate authority and compliance with Belgian law

9. Tax Provisions: Treatment of taxes, including withholding obligations and tax indemnities

10. Confidentiality: Obligations regarding non-disclosure of transaction details

11. Notices: Communication procedures between parties

12. Governing Law and Jurisdiction: Confirmation of Belgian law application and jurisdiction for disputes

13. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendments

Optional Sections

1. Listed Company Provisions: Additional provisions for compliance with MAR and FSMA requirements, used when the company is publicly listed

2. Employee Scheme Provisions: Specific terms for buybacks related to employee share schemes

3. Market Announcement: Requirements for public announcements, relevant for listed companies

4. Regulatory Compliance: Additional compliance requirements for regulated industries

5. Share Transfer Restrictions: Reference to any existing shareholders' agreement or corporate restrictions

6. Anti-dilution Provisions: Protection mechanisms if relevant corporate events occur before completion

7. Escrow Arrangements: Terms for holding funds in escrow if required for transaction security

Suggested Schedules

1. Schedule 1 - Share Details: Detailed information about the shares being purchased, including class, rights, and certificates

2. Schedule 2 - Calculation of Purchase Price: Methodology and calculations for determining the share price

3. Schedule 3 - Corporate Approvals: Copies of board and shareholder resolutions approving the buyback

4. Schedule 4 - Completion Requirements: Detailed list of documents and actions required at completion

5. Schedule 5 - Form of Transfer Instruments: Template share transfer forms and other necessary documentation

6. Appendix A - Tax Calculations: Detailed tax implications and calculations

7. Appendix B - Regulatory Filings: Forms and notices required for Belgian regulatory compliance

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Clauses
Interpretation
Definitions
Sale and Purchase
Purchase Price
Conditions Precedent
Pre-Completion Obligations
Completion
Post-Completion Obligations
Warranties
Tax Covenants
Regulatory Compliance
Corporate Authority
Share Rights
Transfer Restrictions
Payment Terms
Representations
Indemnification
Confidentiality
Announcements
Notices
Further Assurance
Assignment
Costs
Severability
Entire Agreement
Amendments
Third Party Rights
Force Majeure
Counterparts
Governing Law
Jurisdiction
Dispute Resolution
Relevant Industries

Financial Services

Banking

Professional Services

Technology

Manufacturing

Retail

Healthcare

Energy

Real Estate

Telecommunications

Consumer Goods

Industrial

Media and Entertainment

Relevant Teams

Legal

Finance

Corporate Governance

Treasury

Tax

Compliance

Company Secretariat

Mergers & Acquisitions

Investor Relations

Risk Management

Relevant Roles

Chief Executive Officer

Chief Financial Officer

General Counsel

Corporate Secretary

Legal Director

Finance Director

Treasury Manager

Corporate Governance Officer

Compliance Officer

Tax Director

M&A Director

Board Member

Company Director

Shareholder Relations Manager

Financial Controller

Industries
Belgian Code of Companies and Associations (CCA): Primary legislation governing corporate operations in Belgium, including Articles 7:215 to 7:220 specifically regulating share buybacks, conditions for acquisition, and procedural requirements
Royal Decree implementing the CCA: Provides detailed implementation rules for the CCA, including specific procedures and formalities for share buybacks
EU Market Abuse Regulation (MAR): For listed companies, regulates insider trading and market manipulation aspects of share buybacks, including safe harbor provisions
Belgian Income Tax Code: Governs tax treatment of share buybacks, including withholding tax obligations and tax implications for shareholders
Belgian Financial Services and Markets Authority (FSMA) Regulations: Regulatory requirements for listed companies conducting share buybacks, including disclosure obligations
Belgian Civil Code: General contract law principles applicable to the agreement structure and execution
Belgian Company Registry Laws: Requirements for registration and publication of corporate decisions regarding share buybacks
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Company Share Transfer Agreement

A Belgian law-governed agreement facilitating the transfer of company shares between parties, outlining terms, conditions, and obligations of the share transfer transaction.

find out more

Phantom Unit Award Agreement

A Belgian law-governed agreement establishing synthetic equity compensation through phantom units, detailing award terms and compliance requirements.

find out more

Buffer Stock Agreement

Belgian law-governed agreement for managing buffer stock storage arrangements, detailing storage conditions, quality maintenance, and operational procedures.

find out more

Stock Surrender Agreement

A Belgian law-governed agreement documenting the voluntary surrender of shares by a shareholder back to the company or designated party.

find out more

Incentive Stock Option Agreement

A Belgian law agreement granting employees the right to purchase company shares under specified terms and conditions as part of their compensation package.

find out more

Stock Award Agreement

A Belgian-law governed agreement detailing the terms and conditions of company stock awards to employees, including vesting, restrictions, and local tax implications.

find out more

Stock Option Award Agreement

A Belgian law-governed agreement detailing the terms and conditions of stock options granted by a company to an employee, including exercise rights and tax implications.

find out more

Partnership Share Transfer Agreement

Belgian law agreement facilitating the transfer of partnership shares between parties, including transfer terms, conditions, and regulatory compliance requirements.

find out more

Stock Issuance Agreement

A Belgian law-governed agreement documenting the issuance of new shares in a company, setting forth terms, conditions, and compliance requirements for share subscription.

find out more

Share Cancellation Agreement

A Belgian law agreement governing the cancellation of shares in a company, including terms, conditions, and regulatory compliance requirements.

find out more

Share Buyout Agreement

A Belgian law-governed agreement documenting the terms and conditions for the purchase and sale of company shares, including price, warranties, and completion requirements.

find out more

Phantom Equity Agreement

Belgian law-governed agreement establishing phantom equity rights that simulate share ownership benefits without actual share issuance.

find out more

Share Issue Agreement

A Belgian law-governed agreement documenting the terms and conditions for issuing new shares in a Belgian company, including share details, payment terms, and regulatory compliance requirements.

find out more

Share Buyback Agreement

A Belgian law-governed agreement detailing terms and conditions for a company's repurchase of its own shares from existing shareholders.

find out more

Stock Transfer Contract

A Belgian law-governed agreement facilitating the legal transfer of shares between parties, outlining terms, conditions, and completion requirements.

find out more

Stock Borrowing Agreement

Belgian law-governed agreement establishing terms for securities lending transactions between institutional parties, incorporating local and EU regulatory requirements.

find out more

Share Exchange Agreement

A Belgian law-governed agreement facilitating the exchange of shares between companies or shareholders, detailing exchange terms and ensuring regulatory compliance.

find out more

Share Swap Agreement

Belgian law-governed agreement establishing terms for share swap transactions, including payment obligations and regulatory compliance requirements.

find out more

Stock Repurchase Agreement

A Belgian law-governed agreement documenting a company's repurchase of its own shares from existing shareholders, ensuring compliance with BCCA requirements.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.

Read our Privacy Policy.