Alamtri Resources Indonesia (ADRO) Plans Share Buyback, Allocates IDR 4 Trillion
PT Alamtri Resources Indonesia Tbk (ADRO) has announced plans to conduct a share buyback programme valued at up to IDR 4 trillion. The nominal value of all shares to be repurchased will not exceed 10% of the company’s issued capital.
To facilitate this corporate action, ADRO will convene an Extraordinary General Meeting of Shareholders (RUPSLB) on 17 April 2026. Should shareholders approve the share buyback agenda at the extraordinary general meeting, the corporate action will commence on 20 April 2026.
“The share repurchase will be executed through the Indonesia Stock Exchange and conducted in phases over a maximum period of 12 months,” stated ADRO management in a disclosure filing on Wednesday, 11 March 2026.
ADRO anticipates that the implementation of the share buyback will deliver favourable returns to shareholders and strengthen investor confidence, enabling the company’s share price to reflect its true fundamental condition.
Additionally, ADRO is confident that the share buyback will not negatively impact the company’s operational performance and earnings. The company’s current retained earnings and cash flows are sufficient to fund the share repurchase programme.