DSSA to Divest 9.63 Billion Treasury Shares Starting 10 August 2026

PT Dian Swastatika Sentosa Tbk (DSSA), a listed company of the Sinar Mas Group, plans to divest shares from its buyback programme by selling up to 9,631,904,000 treasury shares. This figure is equivalent to 5% of all shares issued and listed on the Indonesia Stock Exchange (IDX).

Quoting an IDX information disclosure, the management explained that the buyback programme previously carried out amounted to 154,105,327 shares before two share nominal value splits (stock splits) were implemented. That figure is equivalent to 38,526,331,750 shares after the first stock split at a 1:10 ratio in 2024 and the second stock split at a 1:25 ratio in 2026.

Previously, DSSA had also transferred part of its treasury shares totalling 24,815,000 shares before the stock split, equivalent to 620,375,000 shares after the second stock split. These transfers were announced to the public through share transfer progress reports dated 10 January 2025, 9 July 2025, 9 January 2026 and 13 July 2026.

Based on these developments, DSSA currently still holds 37,905,956,750 treasury shares recorded as shares resulting from the buyback.

“At most 9,631,904,000 shares, or at most 5% of all shares issued by the Company and listed on the IDX. This figure includes shares not yet transferred under the transfer plan announced in the information disclosure of 25 July 2024,” the management wrote on Monday (3/8/2026).

Under this corporate action, DSSA plans to transfer its treasury shares through a sale mechanism on the Indonesia Stock Exchange without requiring approval from a General Meeting of Shareholders (GMS).

To facilitate the plan, management has appointed PT Sinarmas Sekuritas as the exchange member that will carry out the share transfer. The sale of treasury shares is scheduled to begin on 10 August 2026 and continue until the entire transfer target has been completed.