Document background
An Equity Repurchase Agreement is commonly used when a Singapore company wishes to buy back its shares from existing shareholders, whether for capital restructuring, exit arrangements, or employee share scheme purposes. The agreement must carefully navigate Singapore's regulatory framework, particularly the Companies Act's requirements regarding share buybacks and capital maintenance. The document typically includes detailed provisions on purchase price, completion mechanics, representations and warranties, and regulatory compliance requirements. Given Singapore's position as a major financial center, these agreements often involve sophisticated parties and may require consideration of cross-border elements.
