It is the text from here

A case study on the use of substitute self shares in the merger

Summary

With the withdrawal of the bank's stock in October 2001, the disposal of the owned treasury shares was severely regulated.

There is a method of substitution for the purpose of disposal.

This can be given in place of a share in merger, share exchange and company split.

From the press release in 2005, some cases using substitutional self shares in mergers are introduced.

This paper also introduces cases using "special substitution self shares".

Copyright (c) 2005 Yamato Research Institute All Rights Reserved. Under the copyright law, reimbursement, translation, translation, summary, etc. are necessary for approval of Yamato soken. It is illegal act, such as reprints, translations, translation, summaries, and quotations that do not follow the law. The act of copyright infringement etc.is done in the legal procedure. The author's title and title will be the current one.