TODAY : Sunday, 18 May 2025
Date : 22 Apr 2025

MYOR - Revises IDR1 tn share buyback

MYOR - Revises IDR1 tn share buyback Mayora Indah (MYOR) has announced a revised schedule for its IDR1 tn share buyback from 27’Mar-28’May 2025, funded entirely from internal cash reserves. The company clarified that the buyback will not exceed 20% of its issued capital, with management assuring that it will not materially impact operations or earnings given Mayora’s strong cash position of IDR4.6 tn and equity of IDR17.1 tn in FY24. The buyback move aligns with broader industry trends as consumer companies leverage regulatory relaxations and strong free cash flow to enhance shareholder value. (Source : Bisnis Indonesia)
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