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Alamtri (ADRO) Plans to Buyback Shares Worth Rp4 Trillion, Check the Schedule

| Source: CNBC Translated from Indonesian | Finance
Alamtri (ADRO) Plans to Buyback Shares Worth Rp4 Trillion, Check the Schedule
Image: CNBC

Jakarta - PT Alamtri Resources Indonesia Tbk. (ADRO) will conduct a share buyback programme with a maximum value of Rp4 trillion. The company has not specified the exact number of shares to be repurchased, but has confirmed that the quantity will not exceed 10% of the issued and paid-up capital.

In its disclosure, ADRO outlined several considerations and rationales for the planned buyback. The company stated it has the opportunity and flexibility to execute share repurchases at any time based on market conditions, over a maximum period of 12 months from the date of shareholder approval for the plan.

ADRO management hopes that the share buyback programme will enhance trading liquidity for ADRO shares, allowing the share price to better reflect the company’s fundamental value.

“The company expects that the implementation of the share buyback will provide good returns for shareholders and increase investor confidence, so that the company’s share price will reflect the company’s true fundamental condition,” management stated in a disclosure dated Thursday, 12 March 2026.

The share buyback will be executed through the Indonesia Stock Exchange (IDX) and conducted in stages over a maximum period of 12 months from the date of shareholder approval, which will be sought at the company’s annual general meeting (RUPST) scheduled for 17 April 2026.

ADRO management stated that the funding for this corporate action will be sourced entirely from the company’s internal cash reserves.

“The use of funds for the share buyback will not significantly impact the company’s financial capacity,” said ADRO management.

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