June 15th 2006
Jakarta – PT. Telekomunikasi Indonesia Tbk (Telkom) plans to buy back 750,000 of its public shares from the Jakarta Stock Exchange (BEJ), or 4.38% of its total public shares, with the rate of Rp. 6.867 per share.
In the notification to the BEJ authority, this transaction will be conduct on June 12 2006 through PT. Danareksa Securitas.
In previous trading session, Telkom shares were closed on the level of Rp 7,050. The estimated total number buy-back shares include 24.29 million shares in New York Stock Exchange (NYSE). The total number of maximum shares Telkom allowed to buy is about 1.007 billion shares, leaving 983, 7 million shares on the market.
(Source: Bisnis/RNI).