JAKARTA (AFX-ASIA) – PT Medco Energi Internasional said it has completed the buy back of 6.84% of shares from the market, bringing down the public shareholding to 5.24%. Medco said it spent 286.882 billion rupiah on the buyback program, or 81.97% of the allocated budget. (US$1=8,800 rupiah). The company is controlled by New Links Energy…
INDONESIA: Medco Energi completes 6.84% share buyback; public stake down to 5.24%
Posted on February 4, 2003 by EnergyAsia