Petrindo Jaya Kreasi Plans Up to Rp 500 Billion Share Buyback to Stabilize Market

Bitget2026/10/19 06:45

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Petrindo Jaya Kreasi plans share buybacks of up to IDR 500 billion to support market stability amid significant volatility.
The buyback period runs from October 19 through December 31, 2026.
Internal cash will fund the purchases, with the allocation covering transaction fees and related costs.
Trimegah Sekuritas Indonesia will execute purchases on the Indonesia Stock Exchange, with no daily buyback volume limit.

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 Petrindo Jaya Kreasi Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32167323) on October 18, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Petrindo Jaya Kreasi Plans Up to Rp 500 Billion Share Buyback to Stabilize Market

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