On July 17th, the SEC announced that it has released a draft version of the Shareholder Repurchase (SHR) XBRL Taxonomy and accompanying taxonomy guide. In May 2023, the SEC approved amendments to its rules to update and enhance transparency concerning repurchases of an issuers equity securities registered under the Securities Exchange Act of 1934.
In compliance with the adopted amendments, issuers must tag the information disclosed under 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 rule amendments require:
detail tagging of the quantitative amounts disclosed within the required tabular disclosures and block text tagging
detail tagging of required narrative and quantitative information