The Board of Directors of PT Budi Starch & Sweetener Tbk (JKSE:BUDI) authorized a share repurchase program on September 4, 2013. Under the plan, the company will repurchase up to 5% of its issued shares for IDR 25 billion. Buyback will be implemented at a price that is deemed fair and good by the management of the company. Company will make repurchases on Indonesia Stock Exchange. Repurchases will be funded from retained earnings of the company. The company will make repurchases from September 5, 2013 to December 3, 2013. The Company will appoint a stock exchange registered broker to conduct the Share Buyback.

PT Mahastra Capital acted as broker to the company.