Medan, June 11 2025 - PT Sumber Tani Agung Resources Tbk (STAA) held its Extraordinary General Meeting of Shareholders (EGMS) on June 11, 2025. During the meeting, shareholders approved the Company’s plan to carry out a share buyback with a maximum value of IDR 200 billion.
This initiative is part of STAA’s strategy to enhance shareholder value, provide greater flexibility in managing capital structure, and support potential corporate needs in the future. The buyback will be funded through internal cash reserves and has been carefully reviewed to ensure it will not disrupt the Company’s operations or the execution of its ongoing business development plans.
STAA also confirmed that the buyback will not affect compliance with the minimum free float requirement in accordance with the regulations of the Indonesia Stock Exchange. With this decision, STAA reaffirms its commitment to good corporate governance and the creation of long-term value for all stakeholders.
For further information:
investor.relations@sta.co.id
Tel:?+62 61 415 6262
Fax: +62 61 414 8866
