Close Period

Close Period

The time between the preparation of a company's balance sheet and its announcement to the public. The close period usually lasts about two months. During this time SEC rules prohibit insiders from buying or selling the company's shares in any way.
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Further to the announcements dated 19 November 2018 and 20 March 2019, the Company announces that it intends to continue to undertake its share buyback programme for a maximum aggregate consideration of up to GBP6.0 million (the 'Programme') during its close period. The Company's close period will commence from the start of business on 12 August 2019 until the publication of its Interim results for the six months ended 30 June 2019, which is expected on or around 11 September 2019 (the 'Close Period').
Energy company Royal Dutch Shell (NYSE:RDS-A) (NYSE:RDS-B) reported on Monday the launch of an irrevocable, non-discretionary arrangement to enable the purchase of ordinary shares, for cancellation, during the Q2 2014 results close period from 1 July 2014 up to and including 31 July 2014.
BANKING AND CREDIT NEWS-June 27, 2014-Standard Chartered holds discussions ahead of close period for half year
The company said net proceeds will go towards acquiring Afren stocks in the public markets, after the current H1 2013 close period expires, and undertake to hold the shares for at least two years.
The share sale, which was approved by chief executive Philip Clarke, took place three days ahead of a "close period" preventing executives from selling shares before a key trading update, reports said.
The contract has been signed to allow the purchase of 'B' ordinary shares during the 2011 fourth quarter results close period.
Customers who have already booked travel to or from Petersburg during the close period should contact Alaska Airlines to request a reservation change to Wrangell.
The Newcastle firm today issued a trading update for the year ended July 31 prior to entering its close period on Thursday, August 16, showing the company has sold 7,638 homes, up 7% on the previous year.
* Binders, or electronic systems of record, containing all compliance and financial close documents needed to reconstruct a close period.
Updating shareholders ahead of its close period, Kingston said revenue growth had been lower than expected in its business-to-business division.
A second quarter decline in advertising revenues of 0 .4pcoffset a 0 .6pcincrease in the first quarter, the company said in a statement ahead of its interim results close period.
The exchange's listing committee said the company had given a director clearance to deal during a close period last August, which is against the model code it has set out.