JAKARTA - PT Jaya Real Property Tbk (JRPT) has bought back shares (buybacks) as many as 4,691,300 shares during 1 July-31 December 2019. The percentage of the number of new shares bought was 7.73% of the target approved at the Extraordinary General Meeting of Shareholders (EGMS) on June 11, 2019.
Quoted from the disclosure of company information, Yohannes Hengky Wijaya, Deputy Director of PT Jaya Real Property Tbk (JRPT) said the remaining funds from the purchase of shares amounted to Rp 46.59 billion. Share buyback takes place in December 2019 with prices varying between Rp 555 per share to Rp 557 per share.
The total funds issued by JRPT bought back shares amounting to Rp 3.39 billion, with details including, On December 20, 2019, JRPT released a fee of Rp 69.15 million to buy 124,600 shares at a price of Rp 55 5 per share, on December 23, 2019, costs incurred to buy back shares amounting to Rp 874.03 million for 1,562,000 shares at a price of Rp 556 per share, and on December 26, 2019, the cost of repurchase shares as much as Rp 2.45 billion for 4,409,500 shares at a price of Rp 557 per stock. (LK)