The time restriction faced by ABC Corporation for it to buy back its newly issued shares is 4 weeks
What is share buyback?
Share buyback means that the company would repurchase its own shares in the stock market by paying investors holding the shares, then reduce its number of shares outstanding by the number of shares bought back.
The shares repurchased are known as Treasury stocks, which are held until the company decides to reissue them or cancel them.
The restriction placed on a company before it can repurchase its shares is that the shares must be in issue 4 weeks, in other words, the new issued shares through Initial Public Offer(IPO) must be existence for 4 weeks before being repurchased by the company after having issued an IPO.
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