Business · Markets · 4 hrs ago

BRI Plans Share Buyback of Up to Rp1 Trillion

BRI Plans Share Buyback of Up to Rp1 Trillion

Indonesia's Bank Rakyat Indonesia plans to buy back shares worth up to Rp1 trillion.

The state-owned bank announced the plan on October 22, 2026, amid significant fluctuations in the stock market.

The buyback is scheduled to run until January 21, 2027, and the bank says it will purchase shares at prices it considers fair.

BRI says the move aims to support shareholder value and reflects its confidence in its business and long-term prospects.

Its projected capital adequacy ratio is 21.42%, based on consolidated financial figures as of June 30, 2026, after accounting for the plan.

The bank says it will preserve sufficient capital to support growth, lending and risk management.

The repurchased shares could go to employee and leadership ownership plans, but their transfer requires approval at a shareholders' meeting.

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DhannyBRI corporate secretary
The share buyback plan reflects BRI’s confidence in the company’s business fundamentals and long-term growth prospects. In carrying it out, BRI continues to prioritize capital adequacy, prudence, and good corporate governance in accordance with applicable regulations.
via CNN Indonesia