Call Us + 33 1 84 88 31 00

Sub-paragraph 2: Sociétés d'investissement à capital fixe (closed-end investment companies whose shares are traded on a financial instruments market)

Article L214-137 of the French Monetary and Financial Code

Articles L. 22-10-62, the first paragraph of Article L. 225-210 and Articles L. 225-211 and L. 22-10-64 of the French Commercial Code do not apply to SICAFs covered by this sub-paragraph. A SICAF covered by this sub-paragraph is authorised to buy back its shares, without obtaining the authorisation of the General Meeting, up to a limit of 10% of its capital per year. However, this limit is increased to 25%…

Read More »

Contact a French lawyer now

Contact a French Business Lawyer

Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call us at +33 (0) 1 84 88 31 00 or send us an email.

Useful links

You have a question in French Business Law?

Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call +33 (0) 1 84 88 31 00 or send us an email.

All information exchanged through this website will be communicated to lawyers registered with a French Bar and will remain confidential.