JAKARTA - PT Bursa Efek Indonesia (BEI) has reopened the auction of Bursa Members (AB) seats through the sale of unissued exchange shares and shares from buybacks (buyback) by BEI.
"There are 11 Bursa shares that have not been issued or have been repurchased by the Exchange and can only be transferred through the auction of exchange shares," said the President Director of the IDX, Jeffrey Hendrik, in an announcement on information disclosure on Friday, July 3.
The auction plan was announced through Announcement Number Peng-00057/BEI.ANG/07-2026 which was issued on July 1, 2026.
BEI scheduled the auction to take place on August 3, 2026 at 14.00 WIB at the Main Meeting Room of the Indonesia Stock Exchange Tower I Floor 6, Jakarta.
In addition to being carried out directly, the IDX also provides an online implementation facility for registered participants and a link to participate in the auction virtually will be provided to participants who meet the requirements.
Jeffrey explained that the securities company interested in participating in the mandatory auction must first meet the requirements as a Bursa Member in accordance with Bursa Regulation Number III-A concerning Bursa Membership.
After meeting these requirements, prospective participants must submit a written application to the IDX, which is accompanied by a confirmation letter from the exchange to purchase exchange shares, and all application documents must be received by the IDX no later than July 23, 2026 at 17.00 WIB.
He added that the procedures and requirements for auctions refer to the Exchange Regulation Number III-H concerning Auction and Repurchase of Exchange Shares.
Thus, only securities companies that have fulfilled all the provisions are entitled to participate in the auction process.
"If there are no candidates for auction participants who apply to participate in the auction of exchange shares, the exchange will not carry out the auction of exchange shares on the first exchange day of each month," he said.
This means that the auction scheduled for August 3, 2026 will only be carried out if there are securities companies that register themselves before the deadline for submitting applications on July 23, 2026.
The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)
