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Salim Ivomas Buyback -

According to company records, the treasury stock was accumulated at a price of IDR 261.161. Background and Context

AI responses may include mistakes. For financial advice, consult a professional. Learn more Salim Ivomas, London Sumatra to buy back shares - Business salim ivomas buyback

The shares in question were acquired during a 2013 buyback program, where SIMP and its subsidiary, PT PP London Sumatra Indonesia (LSIP), set aside funds to buy back shares amid market fluctuations. The 2013 plan originally aimed to buy back up to 315 million shares, representing 2% of its enlarged shares, using profits balance. According to company records, the treasury stock was

— PT Salim Ivomas Pratama Tbk (SIMP), a major Indonesian agribusiness firm under the Salim Group, has announced plans to restructure its capital by transferring 315 million treasury shares. This move follows an extended period of holding shares acquired through previous buyback activities spanning from May 2013 to November 2014. Key Details of the Corporate Action Learn more Salim Ivomas, London Sumatra to buy

The transfer will be executed through a reduction of the issued and paid-up capital of the company.

As of the latest reports, this initiative aligns with the Financial Services Authority Regulation Number 30/POJK.04/2017 regarding the Buyback of Shares Issued by Public Listed Company. About SIMP

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According to company records, the treasury stock was accumulated at a price of IDR 261.161. Background and Context

AI responses may include mistakes. For financial advice, consult a professional. Learn more Salim Ivomas, London Sumatra to buy back shares - Business

The shares in question were acquired during a 2013 buyback program, where SIMP and its subsidiary, PT PP London Sumatra Indonesia (LSIP), set aside funds to buy back shares amid market fluctuations. The 2013 plan originally aimed to buy back up to 315 million shares, representing 2% of its enlarged shares, using profits balance.

— PT Salim Ivomas Pratama Tbk (SIMP), a major Indonesian agribusiness firm under the Salim Group, has announced plans to restructure its capital by transferring 315 million treasury shares. This move follows an extended period of holding shares acquired through previous buyback activities spanning from May 2013 to November 2014. Key Details of the Corporate Action

The transfer will be executed through a reduction of the issued and paid-up capital of the company.

As of the latest reports, this initiative aligns with the Financial Services Authority Regulation Number 30/POJK.04/2017 regarding the Buyback of Shares Issued by Public Listed Company. About SIMP