PT Mitra Keluarga Karyasehat Tbk announces an Equity Buyback for 83,000,000 shares, for IDR 199,200 million.
August 22, 2021
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PT Mitra Keluarga Karyasehat Tbk (IDX:MIKA) ) announces a share repurchase program. Under the program, the company will repurchase up to 83,000,000 shares, for IDR 199,200 million. The shares will be repurchased at a price of IDR 2,400 per share. The purpose of the program is to stabilize the price in volatile market conditions, in addition to providing confidence to investors on the Company’s fundamental share value and provide flexibility for the company to manage long-term capital whereby the treasury shares can be sold in the future with optimal value if the company needs additional capital. The program will be funded from the company’s internal cash, working capital and cash reserve, thereby no external financing will be required. The program is valid till November 22, 2021.
PT Mitra Keluarga Karyasehat Tbk is an Indonesia-based company, which is focused on providing healthcare services to patients under the Governmentâs Health Insurance Scheme, Jaminan Kesehatan Nasional (JKN). The Company serves Indonesiaâs private insurance patients and corporate clients, to out-of-pocket expense individual patients to JKN member patients. The Company operates through two segments: Outpatient and Inpatient. The Company provides outpatient and inpatient healthcare services to all market groups, including private insurance patients and corporate clients, to out-of-pocket expense individual patients and JKN member patients. The Companyâs subsidiaries include PT Proteindo Karyasehat (PKS), PT Ekamita Arahtegar (EAT), PT Ragamsehat Multifita (RSM), PT Alpen Agung Raya (AAR), PT Rumah Kasih Indonesia (RKI), PT Bina Husada Gemilang (BHG), PT Kinarya Loka Buana (KLB), and PT Sehat Digital Nusantara (SDN).
PT MITRA KELUARGA KARYASEHAT TBK 
