Tranche Update on PT Matahari Department Store Tbk's Equity Buyback Plan announced on August 29, 2018.
January 15, 2020 at 07:52 am
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From October 1, 2019 to December 31, 2019, the company has repurchased 27,444,300 shares, representing 1% for IDR 113,857.97 million. With this, the company has completed the repurchase of 204,254,200 shares, representing 7.18% for IDR 827,114.97 million under the buyback announced on August 29, 2018.
PT Matahari Department Store Tbk is an Indonesia-based company, which is engaged in the retail business for several types of products such as clothes, accessories, bags, shoes, cosmetics, and household appliances, and management consulting service. The Companyâs segments include Sumatra; Java; Kalimantan, Sulawesi and Maluku, and Others. It operates approximately 156 stores. The Companyâs brands include Nevada, Details, Little M, connection, Cole and Pipiniko. It offer clothes, such as chaos and polo shirt, blouse shirt, sweater and cardigan, dress, outerwear, long pants, jeans, shorts, underwear and sleepwear, maternity clothes, sports clothing, playsuits and jumpsuits. It offers shoes, such as slippers, sneakers, sport shoes, slip Ons, formal shoes, and boots. It offers products under suitcase, such as backpack, shoulder bags, handbags, suitcases and travel bags, wallet, and sports bag.
PT MATAHARI DEPARTMENT STORE TBK 
