DSSA to Transfer Up to 9.63 Billion Treasury Shares Starting 10 August 2026
PT Dian Swastatika Sentosa Tbk (DSSA), a Sinar Mas Group company, will transfer up to 9.63 billion treasury shares starting 10 August 2026. The amount represents 5% of the total shares issued and listed on the Indonesia Stock Exchange (IDX). Management explained that the previous buyback programme had accumulated 154.11 million shares before two stock splits. Following a 1:10 stock split in 2024 and a subsequent 1:25 stock split in 2026, the holding increased to 38.53 billion shares. DSSA had previously transferred a portion of its treasury shares, equivalent to 24.82 million pre-split shares. After accounting for this earlier transfer, the company still holds 37.91 billion treasury shares. The planned sale will be conducted on the IDX without requiring shareholder approval from a general meeting. PT Sinarmas Sekuritas has been appointed to execute the share transfer, with the process scheduled to begin on 10 August 2026 and continue until the entire target is completed.