ID :
18509
Tue, 09/09/2008 - 02:03
Auther :
Shortlink :
https://www.oananews.org//node/18509
The shortlink copeid
PT BUMI RESOURCES TBK BUYS BACK 23.807 MILLION SHARES
Jakarta, Sept 8 (ANTARA) - PT Bumi Resources Tbk buys back up to 23.807 millions of its shares which are equal to 8.77 percent of a total market volume of 271.409 million shares.
"The transaction was done on September 4, 2008 with PT Danatama Makmur as the broker," the company's director, Eddie J Soebari, said here on Monday.
He said the deal was settled at a price of Rp4,575 to Rp4,625 between 30 minutes after and 30 minutes before the opening of the trade. With it the company has so far bought back 47.836 millions of its shares.
The shareholders meanwhile in an extraordinary meeting on June 12 2008 decided it would buy back a maximum of 582.120 million shares during a period of June 12 2008 to June 12 2009.
Until now the rest of shares allowed to be bought back reaches 534.284 million shares.
"The transaction was done on September 4, 2008 with PT Danatama Makmur as the broker," the company's director, Eddie J Soebari, said here on Monday.
He said the deal was settled at a price of Rp4,575 to Rp4,625 between 30 minutes after and 30 minutes before the opening of the trade. With it the company has so far bought back 47.836 millions of its shares.
The shareholders meanwhile in an extraordinary meeting on June 12 2008 decided it would buy back a maximum of 582.120 million shares during a period of June 12 2008 to June 12 2009.
Until now the rest of shares allowed to be bought back reaches 534.284 million shares.
