GoTo plans treasury share cancellation to prop up share value

GoTo plans treasury share cancellation to prop up share value

Photo courtesy of GoTo.

IDX-listed PT GoTo Gojek Tokopedia Tbk is seeking approval for the cancellation of treasury shares at the upcoming Extraordinary General Meeting of Shareholders (EGMS) on August 30 to prop up its share value, according to a statement on Wednesday.

Edited by: Joymitra Rai