GOTO - A IDR3.5 tn buyback plan

GOTO - A IDR3.5 tn buyback plan GoTo Gojek Tokopedia (GOTO) plans to conduct a share buyback of up to IDR3.5 tn over a maximum period of 12 months, starting from 19 June ‘26 to 18 June 2027, subject to approval at an Extraordinary General Meeting of Shareholders (EGMS) on 18 June ‘26. The company targets to repurchase no more than 10% of its issued and paid-up capital (including existing treasury shares), and the initiative will be funded using internal cash. Management states that the buyback aims to provide greater flexibility in capital management, optimize the company’s capital structure, and support better potential returns for shareholders going forward. (Source : Bisnis Indonesia)