PT Erajaya Swasembada Tbk (IDX:ERAA) announces a share repurchase program. Under the program, the company will repurchase up to 3,000,000,000 shares, for IDN 300,000 million. The program will be funded from internal cash, excluding the cost of repurchasing shares, brokerage commissions and other costs related to share buybacks.

The program will run over a period of three months, until December 7, 2022.