13 Jul 2022 06:11 (10 bulan lalu) -
JAKARTA – PT United Tractors Tbk (UNTR), a heavy equipment distributor, allocates IDR 5 trillion to repurchase its shares (buyback), which is scheduled to start today (13/7) until October 12, 2022. Sara K. Loebis, Corporate Secretary of UNTR, announced the plan in the information disclosure quoted Wednesday (13/7). “After the buyback ends, the company intends to transfer those repurchased shares,” Loebis added. This corporate action costs the company’s financial performance as much as the budgeted amount. If referring to UNTR’s Financial Statement in March 2022, its assets will shrink from IDR 120.09 trillion to IDR 115.09 trillion, while i ...