Document background
The Stock Repurchase Agreement is a crucial document used when a Belgian company decides to buy back its own shares from existing shareholders. This transaction must comply with the strict requirements of the Belgian Code of Companies and Associations (BCCA), including limitations on the percentage of shares that can be repurchased, shareholder approval requirements, and equal treatment principles. The agreement is commonly used for various corporate purposes such as implementing employee exit arrangements, managing share capital, or executing shareholder exit strategies. It details the terms of the repurchase, including purchase price, payment terms, representations and warranties, and closing conditions. The document must incorporate specific Belgian legal requirements regarding corporate governance, financial assistance rules, and tax implications of share buybacks.
