JAKARTA. PT Nusa Konstruksi Enjiniring Tbk (DGIK), a building construction company, managed to sold off 36.95% of its treasury stock, amounting to 19.44 million shares.
The treasury stock offered by DGIK originate from its shares buyback, which was held from March to June 2022. The treasury stock sale was carried out by Mirae Asset Sekuritas as the official member of the stock exchange. This corporate action brought in IDR 2.17 billion of fresh funds in return.
“The stock sale is on June 7, 2022,” Almanda S. Pohan, Corporate Secretary of DGIK, announced in the official release.
After selling said amount of treasury shares, DGIK is still left with 32.17 million others, which take up 0.6% of the entire issued and paid-up capital of the company.
At the end of today’s first trading session, DGIK’s stock price shifted 0.85% higher or 1 point to IDR 118 per share. However, since the beginning of this year or year-to-date (ytd), its stock price has generally shrunk 40.70% or 81 point from IDR 199 per share. (KR/ZH)