JAKARTA: Indonesias state owned coal producer, PT Tambang Batu Bara Bukit Asam Tbk (PYBA), seized IDR63.08 billion proceed from shares sale in the market.
In the information disclosure unveiled to Indonesias Stock Exchange today, it was mentioned that Bukit Asam sold 2.88 million of shares after conducted buyback through IDX at IDR21,903 per share.The shares issuance generated from the buyback was conducted on 6-20 December, said Bukit Asams President Director, Sukrisno in such information disclosure.According to him, such corporate action corresponds to the regulation article 4 of Financial Institution and Capital Market Supervisory Agency Regulation No. IX B.2 on Buyback issued by Company or Publicly Listed Company. (t02/wiw)
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