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Indocement pays Rp308 billion in dividends - Beritaja

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Kotabaru, South Kalimantan (BERITAJA) - The annual general meeting of shareholders (RUPST) of PT Indocement Tunggal Prakarsa Tbk for the 2023 financial year approved to pay Rp308 billion in dividends or Rp90 per share.

Corporate Secretary of PT Indocement Tunggal Prakarsa Tbk Dani Handajani said that the RUPST appointed Roberto Callieri as a new President Commissioner to replace Kevin Gerard Gluskie.

"Indocement's extraordinary shareholders meeting approved the buyback of company shares with a maximum cost of Rp895.000.000.000 from May 15, 2024 to December 31, 2024," he said in a press statement as reported on Wednesday.

He explained that the company also approved the net keuntungan for the 2023 financial year attrivutable to the owner of the comapany's parent entity of Rp1.950 trillion as follows:

Distribute cash dividends to company shareholders Rp90 per share, without taking into account the number of shares controlled by the company due to buyback by the comapany (treasury shares), with a total dividend value of Rp308 billion.

The remaining net keuntungan for the current year for fiscal year of 2023 after the cash dividends payment will be recorded as part of the balance of retained earnings which use has not been determined.

Shareholders who entitled to cash dividends are shareholders whose names are recorded in the register of holders of company shares on Tuesday, May 28, 2024 at 16.00 WIB (West Indonesia Time Zone).

Read also: Indocement records 2023 sales of 19.3 million tonnes
Read also: Indocement completes acquisition of PT Semen Grobogan
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