BWPT - Allocating IDR50 bn for buyback

Eagle High Plantation (BWPT) will resume its buyback by allocating IDR50 bn in the budget. The buyback will take place from 11 November 2022, until 10 February 2023. This corporate action is intended to maintain the stability of the stock price in the future and generate sustainable growth. The money will be sourced out of BWPT internal cash. The allocated funds will cover other expenses related to the buyback. (source: IDN Financials)