BRI plans Rp500 billion share buyback from June 12 to Sept. 11
After shareholder approval, the repurchased shares will be used for employee stock ownership programs and for directors and commissioners.
PT Bank Rakyat Indonesia (Persero) Tbk is preparing a share buyback of up to Rp500 billion amid swings in the capital market. The BBRI buyback is scheduled to run from June 12 to Sept. 11, 2026. Corporate Secretary BRI Dhanny said the move was taken because the company believes its share valuation remains below fair value and does not yet reflect its performance and business prospects.
BRI said the corporate action refers to POJK 13/2023, POJK 29/2023, and OJK Letter No. S-10/D.04/2026. The company also said market pressure continues to stem from global economic uncertainty, tensions in the Middle East, higher oil prices, and capital outflows from emerging markets. As of March 31, 2026, BRI's CAR stood at 22.86 percent and ROE at 18.37 percent. BRI said the buyback will not have a material impact on the bank's liquidity or operations.