Business · Markets · 3 hrs ago

BRI Plans Share Buyback Worth Up to Rp1 Trillion

BRI Plans Share Buyback Worth Up to Rp1 Trillion

Bank Rakyat Indonesia plans to buy back its shares in a second phase worth up to Rp1 trillion.

The state-owned bank in Indonesia says the buyback period runs from October 22, 2026, to January 21, 2027.

The move is intended to support value for shareholders, while the bank says it will take account of its financial position and applicable rules.

Shareholders approved buybacks worth up to Rp3 trillion in 2025, and BRI set aside up to Rp500 billion for a first phase in 2026.

BRI reported net profit of Rp31.2 trillion by the end of the second quarter of 2026, alongside growth in assets, deposits and lending.

Its capital adequacy ratio was 21.5%, and the bank says its capital and liquidity give it room to keep growing.

The second phase is scheduled to continue through January 21, 2027, subject to market conditions and regulations.

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What people are saying

DhannyBRI Corporate Secretary
This share buyback reflects BRI’s confidence in its business fundamentals and long-term growth prospects.
via CNBC Indonesia
The company continues to prioritize capital adequacy, prudence, and the implementation of good corporate governance in accordance with applicable regulations.
via CNBC Indonesia