INFO 191
Unsolicited (or unexpected) offers to buy your shares
This is Information Sheet (INFO 191). What are unsolicited offers?.
In plain English
INFO 191 explains unsolicited offers to buy shares. It clarifies what these offers are and what companies must do.
INFO 191 is guidance from ASIC. It explains unsolicited offers to buy shares. Companies listed on the Australian Securities Exchange (ASX) must consider this guidance. It helps companies respond appropriately to these offers. The guidance was last updated in December 2023.
Why it matters
If your company is listed on the ASX, understand your obligations when receiving unsolicited offers for shares. This guidance helps you manage these situations and maintain market integrity. Ignoring this could impact your company’s reputation.
AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.
Issuing regulator
ASIC →Topics
Source: https://www.asic.gov.au/about-asic/contact-us/reporting-misconduct-to-asic/unsolicited-or-unexpected-offers-to-buy-your-shares/. Rules Mate indexes + summarises; always verify against the regulator's live publication.