{
    "success": true,
    "data": {
        "id": 1616031,
        "msgid": "share-buyback-wave-seven-companies-poised-to-deploy-trillions-in-funds-1773629699",
        "date": "2026-03-16 08:50:00",
        "title": "Share Buyback Wave: Seven Companies Poised to Deploy Trillions in Funds",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Finance",
        "summary": "Seven major Indonesian-listed companies have announced share buyback programmes totalling trillions of rupiah amid a sluggish stock market performance, with execution periods spanning from March 2026 through 2027. The buybacks include conglomerate PT Astra International (Rp2 trillion), PT Alamtri Resources Indonesia (Rp4 trillion), and firms from banking, energy, food services, and healthcare sectors, representing a common corporate strategy during periods of weak market sentiment.",
        "content": "<p>Multiple listed companies are announcing share buyback programmes\namid a period of weak performance in the Indonesian Composite Index\n(IHSG).<\/p>\n<p>This strategy is being pursued by companies across various sectors,\nincluding conglomerates, banking, energy, and healthcare services.<\/p>\n<p>The buyback allocations vary significantly, ranging from tens of\nbillions to trillions of rupiah, with implementation periods beginning\nin March 2026 and extending up to one year ahead.<\/p>\n<p>PT Astra International Tbk (ASII) is among the companies announcing a\nbuyback, with an allocation of up to Rp2 trillion scheduled to run from\n16 March to 15 June 2026.<\/p>\n<p>PT Alamtri Resources Indonesia Tbk (AADI) is preparing a larger\nallocation of up to Rp4 trillion, with implementation commencing on 20\nApril 2026 and continuing for up to 12 months.<\/p>\n<p>From the energy sector, PT TBS Energi Utama Tbk (TOBA) plans to\nconduct a share buyback with an allocation of approximately Rp448.69\nbillion, scheduled to run from 17 April 2026 to 17 April 2027.<\/p>\n<p>PT Mulia Boga Raya Tbk (KEJU) is also planning a share buyback with a\nmaximum value of Rp28.12 billion, representing approximately 0.90% of\ntotal issued shares. The buyback is scheduled to commence following\nshareholder approval at an extraordinary general meeting on 23 April\n2026 and will run for 12 months.<\/p>\n<p>From the banking sector, PT Bank Nationalnobu Tbk (NOBU) has\ncommenced a buyback programme with an allocation of approximately Rp50\nbillion, running from 9 March to 8 June 2026.<\/p>\n<p>PT Bank Negara Indonesia Tbk (BBNI) is implementing a share buyback\nwith estimated funds of approximately Rp905.48 billion, running for one\nyear from 9 March 2026 to 8 March 2027.<\/p>\n<p>From the healthcare sector, PT Mitra Keluarga Karyasehat Tbk (MIKA)\nhas also announced a buyback programme with an allocation of up to Rp1\ntrillion, commencing on 7 March 2026 and scheduled to conclude on 7 June\n2026.<\/p>\n<p>The concentration of buyback announcements over a relatively short\ntimeframe reflects a commonly employed corporate strategy during periods\nof tepid stock market conditions.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/share-buyback-wave-seven-companies-poised-to-deploy-trillions-in-funds-1773629699",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}