JAKARTA – PT Garudafood Putra Putri Jaya Tbk (GOOD) divides its existing shares (stock split) into new ones with a 1 to 5 ratio, from IDR 100 per share to IDR 20 each. This corporate action had been approved during the Annual General Shareholders Meeting on June 16, 2021.
I Made Astawa, the Head of Corporate Legal Division of Garudafood, informs that the initial stock trading session with the said new nominal in the regular and negotiation market would start this week (9/7). Then, the transaction in the cash market would follow next week (13/7). “The distribution of the shares with this new value (IDR 20 each) post-stock split would be sent out to the shareholders on July 13, 2021,” Astawa continues, as quoted from the information disclosure on Monday (5/7).
As of May 2021, GOOD’s shares amount to 7,379,580,291 shares. The stock ownership structure involves Pelican Company 16.54%, PT Tudung Putra Putri 20.46%, Pangayoman Adi Soenjoto 8.02%, Sudhamek Agung 7.55%, Kusumo Dewiningroem 8.42%, Rahajoe Dewiningroem 6.03%, and other shareholders 32,07%. (LK/ZH)