The Commission adopted amendments to its rules to modernize and improve disclosure about repurchases of an issuer's equity securities that are registered under the Securities Exchange Act of 1934. See https://www.sec.gov/rules/final/2023/34-97424.pdf.

As part of the adopted amendments, the Commission is requiring issuers to tag the information disclosed pursuant to Items 601 and 703 of Regulation S-K, Item 16E of Form 20-F, Item 14 of Form N-CSR, and Form F-SR in Inline eXtensible Business Reporting Language (XBRL). The final amendments require detail tagging of the quantitative amounts disclosed within the required tabular disclosures and block text tagging and detail tagging of required narrative and quantitative information. The new elements needed to tag these disclosures are in the new Share Repurchases (SHR) taxonomy.

A draft version of the SHR taxonomy and taxonomy guide have been posted, and the files are available at https://www.sec.gov/structureddata/dera_taxonomies. Please provide comments to StructuredData@sec.gov by September 8, 2023. Include “Draft 2023 SHR Taxonomy” in the subject header.