State coal miner, Bukit Asam (PTBA), raised fresh funds of Rp2.17 trillion from the sale of 649.98 million treasury stocks from April 2 until Dec. 4, 2019. The company had released treasury shares three times this year. The buyers of treasury stocks were PT BNI Sekuritas and PT Danareksa Sekuritas. They purchased the stocks at an average price of Rp3,347 a share. After the transaction, the company still had a remaining treasury stock of 330.29 million shares or 2.89% of the enlarged capital.
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