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‼️PT Garudafood Putra Putri Jaya Tbk (GOOD) plans to conduct a share buyback of up to Rp50 billion or approximately 0.39% of the total outstanding shares. This step is taken to maintain stock price stability so that it reflects the company's fundamentals and performance, while also providing added value for shareholders.
The buyback will be funded from internal cash, and the purchased shares will be held as treasury stock for a maximum of 3 years, with an option for transfer at any time. The company emphasizes that this action will not disrupt operations, and it will seek approval at the RUPSLB on April 23, 2026, with implementation within 12 months thereafter through PT Indo Premier Sekuritas.
Source: IDX Channel
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