AADI - Plans IDR 4tn buyback

AADI - Plans IDR 4tn buyback Adaro Andalan Indonesia (AADI) plans a buyback with an allocation of up to IDR 4 tn, based on AADI's last closing price (15/04/25) at IDR6.475/sh, this implies ~617 mn shares (7,92%, below 10% cap). The proposal will be discussed at the AGM on 22 May 2025, with the buyback period set for up to 12 months from 23 May 2025. (Source : Company, KBVS Research)