JAKARTA – PT Paramita Bangun Sarana Tbk (PBSA) will split its stock with a ratio of 1:2, meaning that one unit of share worth IDR 100 will be divided into two shares of IDR 50 each. The stock trading will stop using the dated price starting next week, on June 21, 2022.
Vincentius Susanto, Director of Paramita Bangun Sarana, claimed that said corporate action was approved during the General Shareholders Meeting on May 27, 2022. “The company’s shares after this stock split will double to 3 million units from the initial 1.5 million shares,” he confirmed in the information disclosure quoted Thursday (16/6).
The shares with new face value will be available on the regular market on June 22, 2022, and June 24, 2022, for the cash market.
On June 15, 2022, PBSA’s stock price peaked at IDR 800 each and hit its lowet at IDR 745 per share. The transaction involved 77,500 shares with a total value of IDR 58.47 million. (LK/ZH)