Jakarta - PT Jaya Real Property Tbk (JRPT) plans to buy back 208.3 million shares with a budget of Rp 100 billion.

"The number of shares bought back is about 1.576% of the total issued and fully paid capital in the company," JRPT management stated in an information disclosure on Thursday (7/14).

The company said that with the plan to buy back the shares, the company's net profit per share will be Rp13.53 from the previous Rp13.32 on March 31, 2022.

"We hope that the share buyback can continue to maintain sustainable growth in the future that is profitable for all the company's shareholders, one of which is by maintaining the stability of the company's earnings per share," JRPT management explained.