Autopedia Lestari (ASLC) to Buy Back Shares Worth Rp 20 Billion

PT Autopedia Sukses Lestari Tbk. (ASLC) will conduct a share buyback worth Rp 20 billion. The buyback aims to improve the liquidity of share trading so that ASLC’s share price can reflect its fundamental value. Quoting the disclosure on the Indonesia Stock Exchange (BEI), the nominal value of all shares to be repurchased by the company will not exceed 10% of the placed capital in the company, and it will not cause the net assets to become smaller than the placed capital plus the mandatory reserves that have been set aside. In addition, ASLC also plans to implement a Management and Employee Stock Option Programme (MESOP) as an incentive provided by the company to management and employees to own the company’s shares. “The company hopes that by carrying out the share buyback, it 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,” stated the BEI management on Wednesday (15/4/2026). Management assures that this corporate action will not have a negative impact on performance and revenue because the company has sufficient retained earnings and cash flow to conduct the share buyback. Furthermore, management also assures that this share buyback will not have a material impact on the company’s business activities, financial performance, capital position, and liquidity. “The company’s share repurchase will not cause a material impact on the company’s share ownership,” it stated. The source of funds to be used for this buyback will entirely come from the company’s internal cash. The use of funds for the share buyback will not significantly affect the company’s financial capacity. To facilitate this plan, management will seek approval from shareholders at the Annual General Meeting of Shareholders (AGMS) to be held on 19 May 2026. If the share buyback agenda has been approved at the AGMS, it will be carried out starting from 20 May 2026.