Jakarta, 23 September 2021 - In monitoring the development of Indonesian capital market and the rising interest of retail investors to invest in Indonesian Stock Exchange (IDX), PT Bank Central Asia Tbk (IDX: BBCA) decided to undertake corporate action of stock split. This action has been approved by the Extraordinary General Meeting of Shareholders (RUPS-LB) which was held on Thursday (23/9/2021).
RUPS-LB has granted its approval on the stock split corporate action with 1 : 5 ratio (1 current share is divided into 5 new shares). The current nominal value for each of BBCA share amounted to IDR 62.5, while the nominal value after stock split will be IDR 12.5 per share. For your information, the price of BBCA share during the release of this press release amounted to IDR 32,000 per share.
‘’We noticed that the retail investors, including young investors in Indonesian capital market, have strong interest to invest in BBCA shares. With this corporate action, it is expected that the BCA share will be more affordable for retail investor. The stock split action is also based by BCA’s commitment to support the development of Indonesian capital market,’’ the President Director of PT Bank Central Asia Tbk, Jahja Setiaatmadja said.
It is known that the stock split procedure will follow the prevailing procedure and stipulation. After receiving the approval from the shareholders through RUPS-LB, the company will coordinate with the authorities to process the stock split which is estimated to be completed by October 2021.
RUPS-LB BCA 2021 – President Commissioner of BCA Djohan Emir Setijoso (middle), Commissioner of BCA Tonny Kusnadi (right), President Director of BCA Jahja Setiaatmadja (second from right), Director of BCA Subur Tan (second from left), and Director of BCA Vera Eve Lim (left) during the BCA Extraordinary General Meeting of Shareholders (RUPS-LS) in Jakarta on Thursday (23/09). PT Bank Central Asia Tbk (IDX: BBCA) decided to perform corporate action of stock split. This act has been approved by the RUPS-LB which was conducted on Thursday (23/9/2021).
RUPS-LB BCA 2021 – RUPS-LB grented its approval on stock split corporate action with 1:5 ratio (1 current share is divided into 5 new shares). The current nominal value per BBCA share amounted to IDR 62.5, while nominal value after stock split for each of BBCA share will be amounted to IDR 12.5. For your information, the BBCA share price at the time of this press release amounted to IDR 32,000 per share.
About PT Bank Central Asia Tbk (as of 30 June 2021)
BCA is one of the leading commercial banks in Indonesia with the core business of transaction banking. BCA also offers a full range of financial services in consumer, SME, commercial and corporate segments. As of June 2021, BCA has the privilege of serving more than 26 million customer accounts, processing around 41 million of daily transactions through a network of 1,013 branches; 17,721 ATMs as well as the 24-hour internet & mobile banking systems; supported by 24/7 Halo BCA contact center. BCA’s presence is complemented by a number of subsidiaries focusing on vehicle financing, sharia banking, securities, general and life insurance, digital bank, remittance as well as venture capital business. BCA is committed to building lasting relationship with customers, putting people first, and making positive impact on society at large. With more than 25,000 employees, BCA's vision is to be the bank of choice and a major pillar of the Indonesia economy.
For more information, please contact :
PT BANK CENTRAL ASIA TBK
Corporate Secretariat Division – Corporate Communication Sub Division
Public Relations Bureau
Address : Jl. MH Thamrin No. 1
Menara BCA Grand Indonesia 20th Floor
Jakarta Pusat 10310
Phone : (021) 2358-8000
Fax : (021) 2358-8300
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