{
    "success": true,
    "data": {
        "id": 1619227,
        "msgid": "boy-thohir-prepares-adro-stock-buyback-1773726753",
        "date": "2026-03-17 12:03:00",
        "title": "Boy Thohir Prepares ADRO Stock Buyback",
        "author": "Budi Raharjo",
        "source": "REPUBLIKA",
        "tags": "",
        "topic": "Finance",
        "summary": "Entrepreneur Garibaldi \"Boy\" Thohir has announced plans for PT Alamtri Resources Indonesia Tbk (ADRO) to conduct a stock buyback programme with a maximum value of Rp4 trillion, demonstrating confidence in the company's fundamentals and Indonesia's energy sector. The buyback will be executed through the Indonesia Stock Exchange over a 12-month period following shareholder approval, in accordance with Financial Services Authority regulations on share repurchases.",
        "content": "<p>National entrepreneur Garibaldi \u201cBoy\u201d Thohir has once again\ndemonstrated his commitment to strengthening Indonesia\u2019s capital market\nby planning to repurchase shares of PT Alamtri Resources Indonesia Tbk\n(ADRO). This corporate action represents support for the national\neconomy and increased participation by domestic investors.<\/p>\n<p>Boy Thohir stated that the buyback plan also reflects confidence in\nthe company\u2019s fundamentals and the long-term prospects of the energy and\nnatural resources sector in Indonesia. \u201cI believe that ADRO and the\nIndonesian capital market have very good long-term prospects,\u201d Boy\nThohir said on Monday, 16 March 2026.<\/p>\n<p>Share buybacks involve the repurchase of shares that have been\noutstanding on the market. This move is generally undertaken by\ncompanies to increase shareholder value, maintain stock price stability,\nand demonstrate management\u2019s confidence in the company\u2019s\nperformance.<\/p>\n<p>Based on company information disclosures, Alamtri plans buybacks with\na maximum value of Rp4 trillion. The share repurchase will be carried\nout through the Indonesia Stock Exchange in stages within a maximum\nperiod of 12 months following shareholder approval from the General\nMeeting of Shareholders.<\/p>\n<p>The company has confirmed that the plan adheres to several capital\nmarket regulations, including Financial Services Authority Regulation\nNo.\u00a029 of 2023 on the Repurchase of Shares by Open Companies, OJK\nRegulation No.\u00a015 of 2020 regarding the planning and holding of General\nMeetings of Shareholders of open companies, and the Limited Liability\nCompany Act as updated through regulations relating to Job Creation.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/boy-thohir-prepares-adro-stock-buyback-1773726753",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}