Skadden on Revisiting Share Repurchases in Volatile Times
Reynolds Holding
APRIL 11, 2022
In addition, implementing “side-by-side” programs may be possible whereby a Rule 10b5-1 plan operates alongside a discretionary plan, allowing the company to take advantage of the ability to purchase during blackout periods provided by Rule 10b5-1 without giving up discretion over purchases during open window periods under the discretionary plan.
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