JAKARTA. PT Global Sukses Solusi Tbk (RUNS), an enterprise resource planning (ERP) solution provider, will hold another round of buyback, setting a budget of IDR 786.85 million.
Based on the official announcement published by RUNS today (5/10), the number of acquired shares will not exceed 20% of the paid-up capital. “Furthermore, we will follow the minimum shares repurchase requirement of 7.5% of the outstanding shares,” the management added.
The buyback is scheduled to commence tomorrow (6/10) until January 5, 2023. Should the budget run out, or the repurchased shares have met the quota, the company will terminate the buyback period.
According to idnfinancials.com data, the stock price of RUNS was closed at IDR 143 per share today (5/10), stepping down 1 point or 0.7% from the initial stock price during the opening bell.
RUNS was listed on Indonesia Stock Exchange (IDX) on September 8, 2021. As of now, public investors have a claim over 20.01% of RUNS. (KR/ZH)