The Brazil Securities Commission (CVM) has extended the period for submitting comments on its public consultation on proposed amendments to CVM Resolution 77, which governs trading by public companies in shares of their own issuance. The deadline for suggestions and comments has been moved to 19 December 2025 from 17 November 2025. The proposed changes aim to strengthen the framework applicable to listed companies by revising the requirements for executing these transactions, and the consultation forms part of the 2025 Regulatory Agenda.
Brazil Securities Commission (CVM) 2025-11-04
Brazil Securities Commission extends consultation deadline to 19 December 2025 on tighter rules for listed companies’ trading in own shares
The Brazil Securities Commission (CVM) has extended the comment period for its public consultation on proposed amendments to CVM Resolution 77, which regulates trading by public companies in their own shares. The changes aim to enhance the framework for listed companies and are part of the 2025 Regulatory Agenda.