10 May 2022 08:58 (13 hari lalu) -
JAKARTA. PT Matahari Department Store Tbk (LPPF), a retail company under Lippo Group, has started the second buyback this year, setting a budget of IDR 500 billion. The buyback started on May 9, 2022, and will continue until June 9, 2022. LPPF’s shares that will be repurchased will have a price limit of IDR 7,950 each. The target of the total shares to be reclaimed is set to 262.61 million units or 10% of the company’s paid-up capital. LPPF’s shares buyback will take place within the stock exchange and outside while still heeding the existing capital market law and regulations. “The second buyback of 2022 is expected not to interfere with i ...