Richest Indonesian Man’s Firms Plan Buybacks After Market Rout

Companies linked to Indonesian billionaire Prajogo Pangestu said they would buy back shares, in a bid to shore up prices after last week’s market meltdown.

By Prima Wirayani, Abhishek Vishnoi · Bloomberg Markets

Companies linked to Indonesian billionaire Prajogo Pangestu said they would buy back shares, in a bid to shore up prices after last week’s market meltdown.