Issuers Rushing for Share Buybacks without GMS

Several issuers are set to proceed with their buyback plans, allocating the maximum possible funds.

Bisnis.com, JAKARTA — Issuers have begun responding to the Financial Services Authority’s (OJK) decision to permit share buybacks without requiring a general meeting of shareholders (GMS).  

Aligned with OJK’s expectations, this move is seen as a way to help issuers lift their share prices following recent periods of significant pressure.

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