1. No acquisition.
That is, the company shall not buy the shares issued by the company, because this behavior of repurchasing the shares of the company will directly affect the enrichment of the company's capital, reduce the value of the shares held by shareholders, and weaken the basis for the performance of creditor's rights, so the share repurchase should be restricted.
2. Two exceptions are allowed.
Because share repurchase is a means to be taken in the company's capital structure adjustment and asset reorganization, it is not absolutely prohibited, except for the following two situations: one is to cancel shares in order to reduce the company's capital and need to buy back shares issued by the company; The other is to merge with other companies that hold shares in the company and need to buy back shares in the company.
3. Cancel the stock repurchase in time.
That is, for those who can buy back the shares of the company, after purchasing the shares of the company according to law, some shares must be cancelled within ten days, and the change registration shall be handled in accordance with the provisions of laws and administrative regulations, and the capital changes after the cancellation of the repurchased shares shall be announced.
4. The shares of the company shall not be used as collateral.
That is, the company may not accept the shares of the company as the subject matter of mortgage, which is also to prevent the company's capital from being false and restrict the repurchase of shares in disguised form by mortgage.