Adaro Andalan Prepares Rp 5 Trillion for Share Buyback

PT Adaro Andalan Indonesia Tbk (AADI) plans to carry out a share buyback of up to Rp 5 trillion. The company will seek approval for the share repurchase through the Annual General Meeting of Shareholders (AGMS) to be held on 22 May 2026. If approved, the buyback period will last for 12 months starting from 23 May 2026. Adaro Andalan’s management hopes that the share buyback will increase the liquidity of the company’s share trading. “The company hopes that the implementation of the share buyback will provide a good return for shareholders and increase investor confidence, so that the company’s share price can reflect the company’s actual fundamental condition,” management wrote in a disclosure to the Indonesia Stock Exchange, quoted on Thursday, 16 April 2026. Based on the company’s calculations, the share buyback will reduce total assets from the previous US$5.71 billion to US$5.41 billion. The company’s equity will also decrease from US$3.65 billion to US$3.36 billion. However, basic earnings per share will increase from 97.63 to 104.01. The buyback will be conducted through the Indonesia Stock Exchange in stages. The offer price for repurchasing shares will be lower or equal to the previous transaction price. In accordance with applicable regulations, the total value of shares to be repurchased will not exceed 10 percent of the placed capital in the company. “With the company’s current solid financial position and performance, the company is confident that the share buyback will not have a negative impact on the company’s business activities and future growth,” management stated.