On December 19, 2023, the U.S. Court of Appeals for the Fifth Circuit issued an opinion in Chamber of Com. of the USA v. SEC, No. 23-60255 (5th Cir.) vacating the Share Repurchase Disclosure Modernization rule (the “Final Rule”).[1]  As a result of the vacatur, the disclosure requirements revert to those in effect prior to the Final Rule’s effective date. 

For convenience, the prior disclosure requirements can be found here: 

Item 703 of Regulation S-K

Form 10-K

Form 10-Q

Form 20-F

Please direct any questions to the Division of Corporation Finance at (202) 551-3100.