A joint stock company that is not a public company has the right to buy its own shares to hoard, later sell to employees or others (treasury shares)?
Answer: Under the provisions of the Law on Enterprises and the Law on Securities, only public joint-stock companies are entitled to buy their own shares as treasury shares in some cases and the household meets a number of conditions under the provisions of law. regulations; and joint stock companies that are not public companies are not entitled to buy back their own shares as treasury shares.
