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Richest Indonesian Man's Firms Plan Buybacks After Market Rout

Summary by Financial Post
(Bloomberg) — 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.

2 Articles

Financial PostFinancial Post
Lean Right

Richest Indonesian Man's Firms Plan Buybacks After Market Rout

(Bloomberg) — 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.

·Canada
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World Socialist Web SiteWorld Socialist Web Site
Far Left

Indonesian stock market plunge indicates deepening economic turmoil

Last week’s fall, which wiped off around $80 billion from the market, was sparked by an adverse report from global index provider Morgan Stanley Capital Investment, which sets ratings for markets.

·United States
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World Socialist Web Site broke the news in United States on Tuesday, February 3, 2026.
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