Astra International Tbk PT
IDX:ASII
ASII's latest stock split occurred on Jun 5, 2012
The company executed a 10-for-1 stock split, meaning that for every share held, investors received 10 new shares.
The adjusted shares began trading on Jun 5, 2012. This was the only stock split in ASII's history.
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Astra International Tbk PT
Glance View
Astra International Tbk PT stands as a towering figure in Indonesia's sprawling conglomerate landscape, embodying a legacy of diversification and strategic growth. Founded in 1957, it has grown from a modest trading company into a colossal powerhouse with interests spanning across seven business segments. The heart of its operations revolves around automotive, where it maintains a formidable presence through the distribution of vehicles and after-sales services. As the exclusive distributor for several global automotive brands in Indonesia, Astra International benefits from a robust network of dealerships that facilitate the sale of vehicles, spare parts, and accessories. This sector not only drives vehicle sales but also generates significant revenue through maintenance services—a testament to Astra's comprehensive business strategy in dominating the automotive value chain. Beyond the wheels and engines, Astra International exhibits an astute business acumen by diversifying its sources of income across industries such as financial services, heavy equipment, mining, agribusiness, infrastructure, logistics, and information technology. Its financial services arm offers financing solutions that cater to consumer and heavy machinery loans, banking, and insurance services. Meanwhile, it strategically invests in mining operations and the production of palm oil, enabling it to capitalize on Indonesia's abundant natural resources. Additionally, through its infrastructure and logistics sectors, Astra crucially supports Indonesia's growing economy by engaging in toll road operations and infrastructure development. This multifaceted approach not only mitigates risks inherent in economic cycles but also positions Astra International as a pivotal player in Indonesia’s economic growth story.
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