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First Taiping (00142) Affiliated Indofood Announces In-Market Share Repurchase Plan
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Zhitong Financial App News, First Taiping (00142) issued an announcement. According to the Indonesian Financial Services Authority's regulations permitting repurchases under highly volatile market conditions, PT Indofood Sukses Makmur Tbk (Indofood) (a subsidiary of the Company with approximately 50.1% interest), PT Indofood CBP Sukses Makmur Tbk and PT Perusahaan Perkebunan London Sumatra Indonesia Tbk each independently announced their respective in-market share repurchase plans on the Indonesia Stock Exchange on October 23, 2026.

From October 26, 2026 to 31 December 2026, the maximum purchase amount for each relevant share repurchase plan was IDR 750 billion.

Each share repurchase plan is an independent capital management measure decided at the board level of each company concerned, and is entirely disbursed by the respective company's own funds. Any decision to exercise such plans will be subject to market conditions and at the discretion of the respective boards of directors of those entities.

Shares purchased under each share repurchase plan will be held separately as treasury shares, without voting rights, and not entitled to dividends. As a result, the number of shares in circulation by members of the public will decrease, leading to an increase in the actual shares of the Company in such entities without the Company having to make any active acquisitions.

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