BNI To Conduct Share Buyback Worth Rp 905.48 Billion To Maintain Stock Price Stability

Jakarta — PT Bank Negara Indonesia (Persero) Tbk, commonly known as BNI, will undertake a share buyback of BBNI shares valued at Rp 905.48 billion.

This corporate action received approval from shareholders during the Annual General Meeting of Shareholders (RUPST) for the 2025 financial year held on Monday, 9 March 2026.

BNI’s Corporate Secretary Okki Rushartomo stated that the buyback is being conducted to maintain stock price stability whilst providing flexibility in managing the company’s capital. “This buyback decision demonstrates management’s confidence in the company’s long-term prospects whilst providing scope for flexibility in strengthening capitalisation,” he said in a written statement on Monday, 9 March 2026.

The repurchased shares may also be utilised for implementation of the Employee and/or Management Share Ownership Programme.

“The buyback will be conducted in compliance with applicable provisions and regulations in the capital market,” he added.

Notably, the value of the buyback transaction does not exceed 10 per cent of the amount of capital placed in BBNI.

The funding source will come from free cash flow, specifically from retained earnings whose allocation has not yet been determined.

Previously, BNI management explained that the buyback plan was formulated after considering various factors affecting the movement of Indonesian bank stocks in recent times.

Management assessed that Indonesian bank shares have experienced relatively deeper pressure compared with bank shares in the regional area. One factor influencing this condition is the increased global uncertainty throughout 2025.

This situation has been driven by various geopolitical risks and threats of trade wars.

Domestically, the banking sector is also facing challenges including liquidity conditions and a slowdown in credit demand. These conditions have also affected the performance of banking shares, including BNI shares.

Based on data presented by management, BNI’s share price has risen only 0.5 per cent on an annual or year-on-year (YoY) basis.

“Although better than local peers, BNI shares still lag behind when compared to regional peer banks,” BNI management stated in the information disclosure cited on Wednesday, 4 March 2026.