Document background
The Stock Repurchase Agreement is utilized when a Danish company wishes to buy back its own shares from existing shareholders, a transaction that must comply with the Danish Companies Act (Selskabsloven) and related regulations. This document is typically employed in scenarios such as implementing share buyback programs, managing excess capital, adjusting capital structure, or facilitating exit arrangements. The agreement comprehensively addresses share valuation, transfer mechanics, regulatory compliance, and tax implications under Danish law. It's particularly important for both listed and private companies, requiring careful consideration of corporate authorization requirements, financial capabilities, and shareholder rights. The document must align with Danish market practice and corporate governance standards while providing clear mechanisms for executing the share transfer and payment processes.
