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

PUBT·10/19/2026 01:11:01
Petrindo Jaya Kreasi Plans Up to IDR 500 Billion Share Buyback to Stabilize Market
  • Petrindo Jaya Kreasi plans share buybacks of up to IDR 500 billion to support market stability amid significant volatility.
  • Purchases will run from October 19 through December 31, 2026, funded by surplus internal cash; the allocation includes transaction costs.
  • BNI Sekuritas and 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: 32167220) on October 19, 2026, and is solely responsible for the information contained therein.