BCA Buyback Shares, Employees Prohibited from Transactions During Buyback Period

1 week ago 3

March 27, 2025 | 07:40 am

TEMPO.CO, Jakarta - PT Bank Central Asia Tbk (BCA) ensures that the planned stock buyback is in accordance with applicable regulations. The buyback is carried out considering the provisions in Financial Services Authority Regulation (POJK) No. 13 of 2023 concerning policies to maintain the performance and stability of the capital market amid fluctuating conditions. During the buyback period, BCA employees are not allowed to trade shares.

EVP Corporate Communication & Social Responsibility BCA, Hera F. Haryn stated that the company has paid attention to compliance aspects in implementing the buyback. "The implementation of this policy still refers to applicable regulations and the principle of good corporate governance (GCG)," she said when contacted on Wednesday, March 26, 2025.

The BCA (BBCA) stock buyback period runs from March 26, 2025, to June 24, 2025, with the possibility of being terminated earlier in accordance with the company's policies and applicable regulations. During this period, BCA prohibits all of its employees from trading BCA shares in order to maintain transparency and prevent potential conflicts of interest.

"The period of shares buyback begins from March 26, 2025, until June 24, 2025, which is a maximum of 3 (three) months from the date of Information Disclosure on March 25, 2025, unless terminated earlier by the Company before June 24, 2025, in accordance with the provisions of applicable regulations," she said.

Hera emphasized that BCA will maintain its commitment to implement corporate policies responsibly and ensure the stability of the capital market is maintained.

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