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Steel Pipe Industry of Indonesia Plans IDR 150 Billion Share Buyback

By Public Technologies
  • Steel Pipe Industry of Indonesia announced a planned IDR 150 billion share buyback, excluding brokerage fees and related costs.
  • The program targets approximately 250,000,000 shares, representing 3.48% of issued shares.
  • Repurchases will run following the November 5, 2026 disclosure through February 5, 2027.
  • Purchases will be capped at IDR 600 per share, funded entirely from internal cash.
  • The company considers its shares undervalued relative to performance; repurchased shares will be held as treasury stock.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Steel Pipe Industry of Indonesia Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32182114) on November 05, 2026, and is solely responsible for the information contained therein.

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