Business · Markets · 3 hrs ago
Indonesia’s BNI plans share buyback worth up to Rp547 billion
Bank Negara Indonesia plans to buy back its shares as markets fluctuate.
The Indonesian state-owned bank has set a maximum budget of Rp547 billion for the purchases.
It plans to buy shares through the stock exchange, using cash held within the bank.
The buyback is expected to run from October 28, 2026, to January 27, 2027, and could happen in stages or all at once.
BNI says the plan should not materially affect its operations or profits, and that it has enough capital and cash flow.
The bank says it will consider its financial position and applicable rules as it carries out the plan.
BNI plans to buy back shares worth up to Rp547 billion amid volatile market conditions.
The buyback is expected to run from 28 October 2026 to 27 January 2027.
BNI plans to use internal cash and conduct the purchases through the stock exchange, either gradually or in a single transaction.
The bank says the buyback is not expected to have a material negative effect on its business or operating costs.
BNI says its projected profit and loss will remain in line with its targets.
- Who
- PT Bank Negara Indonesia (Persero) Tbk (BNI).
- What
- The bank plans a share buyback worth up to Rp547 billion.
- When
- The expected buyback period is 28 October 2026 to 27 January 2027.
- Where
- The purchases will be made through the stock exchange.
- Why
- BNI plans the buyback amid volatile market conditions. A more specific reason is not stated.
This story does not have two clearly opposing sides.
BRI shareholders approved a share buyback worth up to Rp3 trillion.
BRI announced a first-stage buyback worth up to Rp500 billion, planned to run through 11 September 2026.
BNI disclosed its planned buyback worth up to Rp547 billion and expected the buyback period to begin.
BNI expects the buyback period to end by this date.
- Maximum buyback value
- Rp547 billion
- Expected buyback period
- 28 October 2026 to 27 January 2027
- Funding source
- BNI’s internal cash
- Purchase method
- Through the stock exchange, gradually or in a single transaction
- Relevant regulation
- POJK 13/2023
What people are saying
The buyback will take into account the company’s liquidity and capital conditions, as well as applicable laws and regulations.
The company believes that the buyback will not have a material negative impact on the company’s business activities, given that it has sufficient capital and cash flow to finance the transaction alongside its business activities.