🟢 Erajaya Swasembada is trading 5% up today as buyback program continues

Erajaya Swasembada is trading at IDR 625 (+5.04%) after its ongoing buyback program continued supporting investor interest.

• The company plans to repurchase up to IDR 500 billion of shares, representing as many as 797.5 million shares, through December 4, 2026.
• Foreign investors recorded IDR 23.7 billion in net buying on September 15.
• Recent trading was volatile; no separate September 17 company announcement was identified, so confidence is medium.