TOBA Shares to be Buyback Amid 50% Price Drop Since October 2025
Executive Summary
Key insights and market outlook
PT TBS Energi Utama Tbk (TOBA) has announced plans to buy back 825.7 million shares, representing 10% of its paid-up capital. This corporate action comes as TOBA's stock price has dropped nearly 50% since October 8, 2025, falling from 1,380 to 695 on December 24, 2025. The buyback announcement follows a 14.72% decline in the last 30 trading days. Investors are now evaluating whether to participate in buying or selling TOBA shares.
Deep Dive Analysis
TOBA Shares to be Buyback Amid Significant Price Decline
Corporate Action in Response to Market Performance
PT TBS Energi Utama Tbk (TOBA) has announced a significant share buyback program involving 825.7 million shares, equivalent to 10% of its paid-up capital. This strategic decision comes as the company's stock has experienced a substantial decline, dropping by nearly 50% since its peak on October 8, 2025.
Recent Stock Performance
The stock price of TOBA reached its peak at 1,380 on October 8, 2025, but has since experienced a downward trend. As of December 24, 2025, the stock closed at 695, representing a decline of 15 points or 2.11% from the previous trading day. Over the past 30 trading days, TOBA's stock has accumulated a loss of 120 points or 14.72%.
Market Reaction and Investor Considerations
The announcement of the buyback program is seen as a corporate action to support the stock price amid the recent decline. Investors are now assessing the potential impact of this buyback on the stock's future performance and considering whether to buy or sell TOBA shares. The buyback is expected to demonstrate management's confidence in the company's value and potentially create a positive market sentiment.
Source References
Story Info
Topics Covered
Key Events
Buyback Announcement
Significant Stock Price Decline