A bill to prohibit public companies from repurchasing their shares on the open market, and for other purposes.

United States115th CongressS-2605Senate
Updated: Mar 22, 2018

Summary

Reward Work Act This bill prohibits issuers from purchasing their own securities on a national exchange. The bill also requires one-third of an issuer's board of directors to be elected by employees in order for the issuer to be allowed to register securities.

Bill texts

Available versions
Introduced (Senate)View official text

1 version available

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Timeline

Latest companion bill action

HR-6096: To prohibit public companies from repurchasing their shares on the open market, and for other purposes.

Referred to the House Committee on Financial Services.

  1. Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Senate

  2. Introduced in Senate

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