JAKARTA – PT Alfa Energi Investama Tbk (FIRE) secures IDR 1.05 billion of fresh funds after selling 3.74 million shares from buyback in its treasury.
Lyna, Director of FIRE, claimed that the transaction of selling these treasury shares from buyback was concluded yesterday (14/11). “The selling price refers to the average closing price within the last 90 days of stock trading, which is IDR 228 per share,” she explained in the information disclosure quoted Tuesday (15/11).
According to Lyna, the selling price is set in compliance with the Financial Services Authority Regulations (POJK) No.2/POJK.04/2013 regarding the repurchase of issued shares amidst the significantly fluctuating market.
With the transaction being concluded yesterday, FIRE has completed the sale of its entire repurchased shares.
As of October 2022, FIRE’s shares reportedly reached 1.47 billion units, 36% of which belonged to Aris Munandar, followed by PT Asabri (Persero) of 15.58%, and the public of 48.17%. Its treasury stock used to be 0.25 of the entire shares. (LK/ZH)