Jakarta - PT Matahari Department Store Tbk (LPPF) announced an increase in the share repurchase price to Rp7,950 per share from the previous Rp4,700

"The change in the share repurchase price was due to the improvement in the company's financial performance, which increased in share value," said LPPF Corporate Secretary Mirandi Hadisusilo in information in Jakarta on Wednesday (9/3).

LPPF plans to buy back a maximum of 10% of the paid-up and issued capital, or 262.61 million shares.