Borneo Lumbung Energi plans to Buy Back 4% of its share

Borneo Lumbung Energi & Metal, a coking coal miner led by businessman Samin Tan, plans to spend as much as Rp 650 billion ($72 million) to buy back 707.7 million shares, 4 percent of its stock, within 18 months after obtaining shareholders' approval, the company has said.
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