Astra EGM Approves Rp8 Trillion Share Buyback Plan

Jakarta, VIVA – The Extraordinary General Meeting of Shareholders (EGMS) of PT Astra International Tbk (ASII) has approved a share buyback with a maximum value of Rp8 trillion. The approval was one of the main agendas decided at the meeting.

The buyback will be carried out in accordance with Financial Services Authority Regulation (POJK) Number 29 of 2023, with the repurchase value not exceeding Rp8 trillion. This figure excludes brokerage fees and other costs arising during the implementation process.

Astra’s President Director, Rudy, expressed his appreciation to all shareholders and stakeholders for their continued support of the company’s performance.

“Thank you to all stakeholders for the full support that has been given thus far,” Rudy said in an official statement on Monday, 20 July 2026.

In addition to approving the buyback programme, shareholders also granted the Board of Directors the authority to take all necessary steps for its implementation, including setting the share repurchase price in accordance with prevailing laws and regulations.

At the same EGMS, shareholders also approved the transfer of a portion of treasury shares from the third buyback programme, which ran from 16 March to 15 June 2026. A maximum of 100 million shares will be transferred and used for the implementation of the Management Stock Ownership Programme (MSOP).

Through this decision, the Nomination and Remuneration Committee was given the authority to set the execution price for the share transfer as well as determine the payment obligations to be met by management participants in the programme. Meanwhile, the Board of Directors also received a mandate to complete all administrative processes and any other actions required to ensure the MSOP is implemented in accordance with the rules.

Management share ownership programmes are a common long-term incentive scheme applied by publicly listed companies. Through this mechanism, the interests of management are expected to be increasingly aligned with those of shareholders in sustainably enhancing company value.