Jakarta, 13 October 2021 – After obtaining approval from Indonesian Stock Exchange regarding stock split schedule, the PT Bank Central Asia Tbk’s shares (IDX: BBCA) are officially traded under the new price today on Wednesday (13/10/2021). The stock split action has been previously approved with 1 : 5 ratio (1 share split into 5 new shares). The nominal price of each BBCA share before stock split amounted to IDR 62.5, while the nominal price of BBCA share after stock split amounted to IDR 12.5.
In line with the schedule, yesterday (12/10/2021) was the last exchange day for BBCA share to be traded under the old nominal price in regular market and negotiated market. The new nominal price will be traded in regular market and negotiated market today. For your information, the price of BBCA share at the time of this press release is approximately set on IDR 7,320 per share or equal to IDR 36,600 before stock split.
Furthermore, shares with the new nominal price from stock split shall be distributed by PT Kustodian Sentral Efek Indonesia (“KSEI”) to shareholders on 15 October 2021. The corporate decision to undertake stock split is based on the current development of capital market, especially due to the high interest shown by retail investors, including young investors, to invest in capital market. The corporation hopes that this action will contribute to the development of domestic capital market.
Jahja Setiaatmadja stated that “With the new price which will be traded today, the company hopes that the BCA’s share price will become more affordable and to be greeted with positive sentiment from investors, including new investors who are now actively investing in capital market.” The company is committed to continue safeguarding the fundamental solidity of BCA through sustainable performance growth in order to provide added value to all of their shareholders.
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
E-mail : email@example.com