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H.R. 8612 (119th Congress)Committee
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To prohibit public companies from repurchasing their shares on the open market, and for other purposes.

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Summary

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Based on the bill's title, this legislation would prohibit publicly traded companies from repurchasing their own shares on the open market. The bill was referred to the House Committee on Financial Services and has not yet advanced further in the legislative process. Without access to the full text, the scope of the prohibition, any exceptions, and enforcement mechanisms cannot be determined.

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