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Capital Markets Board Removes Limits for Share Buy-Backs
Recent development On July 21, 2016, the Turkish Capital Markets Board (the "CMB") decided to remove the limits under the Communiqué on Share Buy-backs (the "Communiqué") that are applicable to public companies’ acquisition of their own shares. This measure is part of the CMB's efforts to minimize and mitigate the…
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Source: Baker and McKenzie,