RMKE Stock Split at 1:5 Ratio, Here's the Schedule

PT RMK Energy Tbk (RMKE) will carry out a stock split at a ratio of 1:5, having received approval from shareholders at an Extraordinary General Meeting of Shareholders (EGMS).

Quoting an information disclosure from the Indonesia Stock Exchange (IDX), this corporate action will convert every 1 old share into 5 new shares, reducing the nominal value of the shares from Rp100 per share to Rp20 per share.

“Approving the split of the Company’s share nominal value (stock split), originally Rp100.00 per share, to Rp20.00 per share,” management wrote on Monday (13/7/2026).

Shareholders also approved changes to Article 4 of the Company’s Articles of Association to adjust the capital structure following the share split. Under the change, the Company’s authorised capital remains at Rp1.4 trillion, but it is now divided into 70 billion shares with a nominal value of Rp20 per share.

“Of that authorised capital, 31.25% has been placed and paid up, amounting to 21,875,000,000 shares, with a total nominal value of Rp437,500,000,000, by the shareholders,” it stated.

With a split ratio of 1:5, the number of fully placed and paid-up shares increases fivefold from the original 4.375 billion shares to 21.875 billion shares. Meanwhile, the Company’s total authorised capital increases from 14 billion shares to 70 billion shares, while the nominal value per share falls from Rp100 to Rp20.

The Company has also set the schedule for the corporate action. The last date of trading shares at the old nominal value on the regular and negotiation markets falls on 16 July 2026. Shares with the new nominal value will then begin trading on the regular and negotiation markets on 17 July 2026.

The recording date, the date for determining the list of shareholders entitled to receive shares from the stock split, has been set for 20 July 2026, while shares with the new nominal value will be distributed on 21 July 2026. Trading on the cash market will be suspended from 17–20 July 2026 and will resume with the new nominal value from 21 July 2026.

As of 14.50 WIB, RMKE shares had risen 6.16% to a level of 2,240. However, year-to-date, RMKE is down 62.18%.