PT Elang Mahkota Teknologi Tbk (IDX:EMTK) announces a share repurchase program. Under the program, the company will repurchase up to IDR 300,000 million worth of its shares. The company will use the internal cash to finance the repurchase program. The company intends to increase shareholder value by repurchasing the company's shares at a maximum of 20% of the paid-up capital in the company (taking into account existing treasury shares), provided that the minimum number of shares outstanding is 7.5% of the paid-up capital. The program is valid till November 6, 2020.