JAKARTA – Three directors of PT Asuransi Tugu Pratama Indonesia Tbk (TUGU) have accumulated company shares amidst a drop in stock prices.

Dudi Subekti, Corporate Secretary of TUGU, reported that Tatang Nurhidayat, President Director of TUGU, purchased 281,100 shares, equivalent to 0.008%, at prices between IDR 995-999 per share on March 20 and 24, 2025.

The total value of the transactions amounted to IDR 279.92 million, increasing his ownership to 0.0462%.

In addition, Emil Hakim, Director of Finance and Corporate Services, acquired 353,100 shares, equivalent to 0.01%, at IDR 1,000 per share, with a total value of IDR 353.1 million on March 20, 2025. His shareholding has now risen to 0.0312%.

Similarly, Ery Widiatmoko, Director of Marketing, purchased 353,100 shares, equivalent to 0.01%, at IDR 1,000 per share on March 20, 2025, with the transaction valued at IDR 353.1 million. His ownership now stands at 0.026%.

“The purpose of these transactions is for direct investment,” said Dudi in an official statement on Tuesday (25/3). (EF/ZH)