Fast Food to buy back shares due to Covid-19 crisis

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Fast Food Indonesia, the operator of KFC in the country will allocate around USD 66,000 to buy back up to 200 million of its shares in public circulation in Q2. This move is aimed to halt a plunge in share prices amid growing market concerns over the wider economic impact from the Covid-19 crisis. F...

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Arief Fachrudin
Managing Editor, Poultry & Meat Asia, Jakarta, Indonesia. Arief discovered interesting trends in the regional poultry industry during VIV Asia 2023 and shared them in ‘4 factors driving growth of poultry production in Asia’.