JAKARTA – Shares of PT Bukalapak.com Tbk (BUKA) have surged by 20% or 24 points over the past month, drawing attention from investors and market authorities.

On Wednesday (19/2), BUKA’s share price closed at IDR 143 per share. A month earlier, on 20 January 2025, the technology sector company’s shares were still trading at IDR 119 per share.

Cut Fika Lutfi, Corporate Secretary of BUKA, emphasised that there is no undisclosed material information or facts that could influence the stock price.

“There is no undisclosed information, facts, or other important events that are material and could affect the company’s securities price or the company’s continuity,” Cut Fika stated in a public disclosure on Tuesday (18/2).

Additionally, Cut Fika confirmed that there has been no reportable shareholder activity, nor does the company have any significant corporate actions planned in the near future.

The only upcoming corporate action, Cut Fika mentioned, is the Management and Employee Stock Option Program (MESOP), scheduled to take place from early April to October 2025.

“During the MESOP implementation period, there may be an increase in the number of outstanding shares, depending on the number of shares exercised by employees and management,” Cut Fika explained. (EF/KR)