JAKARTA, Oct 26 (Bernama-Xinhua) -- Indonesia's Financial Services Authority (OJK) said Monday it has extended the policy allowing listed companies to buy back shares without requiring general meeting of shareholders approval until June 2027, from the previous deadline of late 2026, reported Xinhua.
World : Indonesia Extends Share Buyback Policy Without Shareholder Approval Until June 2027
indonesia, ojk, share buyback, hasan fawzi
Key takeaways
Indonesia extends share buyback policy without shareholder approval until June 2027, aiming to provide certainty for companies.
- Indonesia's OJK extended share buyback policy until 2027 without needing shareholder approval.
- The extension aims to give companies clarity on timeframe and take advantage of current share prices.
- Companies must follow regulations, including financial prudence and disclosure requirements.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
Also reported by New Straits Times
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