PT Bank Pembangunan Daerah Jawa Timur Tbk (IDX:BJTM) commences share repurchases on December 7, 2017 under the program mandated by the shareholders in the Annual General Meeting held on December 6, 2017. As per the mandate, the company is authorized to repurchase its own shares. The company has allocated a maximum of IDR 1,010.28 million fund for the buyback. The plan will be valid up to April 1, 2018.