Astra (ASII) Plans Share Buyback, Prepares Rp8 Trillion Fund
PT Astra International Tbk (ASII) plans to carry out a share buyback with a maximum value of Rp8 trillion. The number of shares repurchased will not exceed 10% of the company’s issued and paid-up capital, and the company is confident that the free float proportion after the buyback will remain at a minimum of 15% of issued and paid-up capital.
This share buyback plan will first require shareholder approval through an Extraordinary General Meeting of Shareholders (RUPSLB) scheduled for 17 July 2026. The buyback execution period is expected to run from 20 July 2026 to 16 July 2027. After this period ends, the repurchased shares will be held as treasury stock and may subsequently be transferred in compliance with prevailing laws and regulations.
As of Thursday, 11 June 2026, ASII shares were parked at Rp4,700, having fallen 30.88% year-to-date, with market capitalisation reaching Rp190.27 trillion.