PT Tunas Ridean Tbk announces an Equity Buyback for 419,982,000 shares, representing 7.52% for IDR 713,969 million.

PT Tunas Ridean Tbk (IDX:TURI) announces a share repurchase program. Under the program, the company will repurchase up to 419,982,000 shares representing 7.52% for IDR 713,969 million. The purpose of the program is to convert company's status form public company to private company.

The program is valid until September 2, 2022.