Vladimir Putin signed a law defining cases of exemption of the state from the obligation to buy shares from minority shareholders through a mandatory offer

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AK&M 15 September 2026 22:05

Russian President Vladimir Putin has signed amendments to Article 842 of the Law "On Joint Stock Companies" and certain legislative acts. This will be reported on the Kremlin's website.

It is stipulated that when collecting shares in state revenue on the basis of a court decision and transferring shares to state ownership free of charge within 18 months, the requirements established by law on the need for a person who has acquired more than 30% of the total number of shares of a public company to send a mandatory offer to purchase shares of this company to other shareholders are not applied.

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