PT Provident Agro Tbk commences an Equity Buyback Plan for 153,000,000 shares, representing 2.15% of its issued share capital, under the authorization approved on June 4, 2018.

PT Provident Agro Tbk (IDX:PALM) commences share repurchases on June 5, 2018 under the program mandated by the shareholders in the Extraordinary General Meeting held on June 4, 2018. As per the mandate, the company is authorized to repurchase up to 153,000,000 shares, representing 2.15% of the issued share capital.