Indo Tambangraya Megah Plans Share Buyback of Up to Rp 2.31 Trillion to Stabilize Trading
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- Indo Tambangraya Megah plans a share buyback of up to IDR 2.31 trillion to support trading stability amid significant market volatility.
- The buyback will run from November 5, 2026, through February 4, 2027, funded from internal cash reserves.
- Purchases will take place on the exchange’s regular market; the budget includes brokerage fees and other related costs.
- Total treasury shares, including previous buybacks, will not exceed 20% of paid-up capital, subject to free-float requirements.
- The program may end early at management’s discretion or once the spending limit is reached.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Indo Tambangraya Megah Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32172017) on November 04, 2026, and is solely responsible for the information contained therein.
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