President Director of PT Adaro Energy Tbk, Garibaldi Thohir, increasing the number of shares as much as 8.23 million units in the company he leads. Employers listed in Fortune magazine as the most brilliant businessman in Asia was reached Rp9, 97 billion for the purchase of those shares.
Adaro Energy's Corporate Secretary, Devindra Ratzarwin, said the addition of stock transactions by the Boy Thohir, greeting Garibaldi, was conducted on June 14 and June 15, 2012.
"By this means the number of shares of one of Adaro Energy's board of directors changed," said Devindra in information disclosure in the Indonesia Stock Exchange (BEI), Jakarta, Monday, June 18, 2012.
On June 14, 2012, Boy bought 5.38 million shares and 1.75 million shares with a purchase value of each Rp1.210 per share and per share Rp1.220.
Meanwhile, on June 15, Boy bought back 1.1 million shares at a purchase price per share Rp1.210. "The total shares purchased in the two-day total of 8.23 million shares with a value reaching Rp9, 97 billion. This is done for investment," he said.
Boy buy stake in Adaro on June 14 in accordance with the stock closing price was Rp1.210 per unit. Meanwhile, a day later, Boy buy Rp1.240 below the closing price per share.
Previously, Adaro's president has had 2.49 billion shares, equivalent to 7.8 percent of total shares fully paid. With the addition, the total shares held in company with the Boy Thohir code ADRO trade reached 2.5 billion shares.
As is known, Adaro has now become one of the most calculated in the coal mining business. In 2011, the company posted a net profit of U.S. $ 552 million or an increase of 124 percent over the 2010 value of U.S. $ 247 million.
Meanwhile, operating revenues in 2011 recorded U.S. $ 3.99 billion, an increase of 47 percent of 2010 amounted to U.S. $ 2.72 billion.
To support the business forward, until 1-2012 quarter, the company has absorbed fund capital expenditure of U.S. $ 175-200 million. For information, in 2012, the company budgeted capex of around U.S. $ 600-700 million.
Funds already used the company to absorb operating costs such as maintenance and repair and port infrastructure.