Mulia Industrindo tbk PT (JKSE:MLIA) announces a share repurchase program. Under the program, the company will repurchase up to IDR 25,000 million worth of shares. The company can repurchase a maximum of 20% of shares of its paid up capital.

The repurchases will be done when the price is equivalent or lower than the last public offering price. The company will repurchase the shares in IDX and fund the program from internal cash. The program will run till April 28, 2014.