Business · Markets · 4 hrs ago
Indo Tambangraya plans share buyback worth up to Rp2.31 trillion
Indo Tambangraya plans to buy back its shares from Nov.
5, 2026, to Feb.
4, 2027.
The Indonesian company has set a maximum budget of Rp2.31 trillion, funded from its own cash.
The move comes as Indonesia's capital market faces significant fluctuations, and the company says it aims to support trading stability and investor confidence.
If it uses the full budget, the number of shares held by investors is expected to fall by about 88.78 million, while assets and equity would each decline by about US$127.25 million.
Assuming earnings stay the same, the company projects earnings per share would rise from US$0.095 to US$0.103.
The buyback will stop when the period ends, the spending cap is reached, or the company decides to end it sooner.
Indo Tambangraya Megah plans to buy back shares worth up to Rp2.311 trillion.
The buyback is scheduled to run from 5 November 2026 to 4 February 2027.
The company says the purchase will be funded entirely from internal cash.
It says the move is intended to support market stability and investor confidence amid volatile market conditions.
The company says the buyback should not materially affect its financial performance or operations.
- Who
- PT Indo Tambangraya Megah Tbk (ITMG).
- What
- The company plans a share buyback worth up to Rp2.311 trillion.
- When
- From 5 November 2026 to 4 February 2027.
- Where
- Indonesia.
- Why
- The company says it aims to support market stability, investor confidence and shareholder returns.
This story does not have two clearly opposing sides.
ITMG plans to begin its share buyback.
The planned buyback period is scheduled to end.
- Maximum buyback value
- Rp2.311 trillion
- Buyback period
- 5 November 2026 to 4 February 2027
- Funding source
- Internal company cash
- Maximum combined treasury shares
- 20% of paid-up capital
- Projected shares bought back
- About 88.78 million
What people are saying
Perkiraan nilai Buyback akan bergantung kepada jumlah saham yang dibeli dengan nilai pembelian saham sebesar-besarnya Rp2.311.000.000.000