Buyback — Salim Ivomas
The shares in question were acquired during a 2013 buyback program, where SIMP and its subsidiary, PT PP London Sumatra Indonesia (LSIP), set aside funds to buy back shares amid market fluctuations. The 2013 plan originally aimed to buy back up to 315 million shares, representing 2% of its enlarged shares, using profits balance.
that produced these specific shares. Let me know which angle you'd like to explore.
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of the impact on stock price or EPS.
The plan is pending approval from the Extraordinary General Meeting of Shareholders (EGMS), intended to be held alongside the Annual General Meeting of Shareholders (AGMS) for the 2023 financial year.
— PT Salim Ivomas Pratama Tbk (SIMP), a major Indonesian agribusiness firm under the Salim Group, has announced plans to restructure its capital by transferring 315 million treasury shares. This move follows an extended period of holding shares acquired through previous buyback activities spanning from May 2013 to November 2014. Key Details of the Corporate Action salim ivomas buyback
The company will transfer 315,000,000 shares currently held as treasury stock.