Multipolar seeks to buy back 10% shares


PT Multipolar Technology Tbk has unveiled a plan to buy back its shares, reflecting its confidence in bright prospects for its businesses in the post-pandemic economic recovery. Recent Multipolar's extraordinary general meeting of shareholders approved a share buyback plan, up to 10 percent of the company's paid-up capital valued at Rp 284 billion. The company would set aside up to Rp 425 billion for the plan, seeking to buy back its shares at the stock market at Rp 720 apiece at the most.


July 22 2021, Jakarta Globe - Read 12 times

 
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