Completion of Shares Buyback Program by PT Sarana Menara Nusantara Tbk
Jakarta, February 17, 2020 | Source: Company

PT Sarana Menara Nusantara Tbk hereby notifies the Financial Services Authority (Otoritas Jasa Keuangan or “OJK”) and the Indonesia Stock Exchange (Bursa Efek Indonesia) that the Company has concluded its shares buyback program which the Company conducted in relation with OJK Regulation No. 30/POJK.04/2017 on Buy Back of Shares Issued by Public Companies. Since the shares buyback program was approved by the Company’s Extraordinary General Meeting of Shareholders on August 10, 2018 (“EGMS”), until the end of the shares buyback program on February 10, 2020, the number of shares which have been bought back by the Company is totaled at 809,296,100 shares or 1.6% of the Company’s total paid-up capital and total value of the purchased buyback shares is approximately IDR 560 billion. Whereas the shares buyback program approved by the EGMS was in the maximum amount of 5% of the Company’s shares.


Report on Shares Buyback Program PT Sarana Menara Nusantara Tbk.