Boy Thohir Prepares ADRO Stock Buyback

National entrepreneur Garibaldi “Boy” Thohir has once again demonstrated his commitment to strengthening Indonesia’s capital market by planning to repurchase shares of PT Alamtri Resources Indonesia Tbk (ADRO). This corporate action represents support for the national economy and increased participation by domestic investors.

Boy Thohir stated that the buyback plan also reflects confidence in the company’s fundamentals and the long-term prospects of the energy and natural resources sector in Indonesia. “I believe that ADRO and the Indonesian capital market have very good long-term prospects,” Boy Thohir said on Monday, 16 March 2026.

Share buybacks involve the repurchase of shares that have been outstanding on the market. This move is generally undertaken by companies to increase shareholder value, maintain stock price stability, and demonstrate management’s confidence in the company’s performance.

Based on company information disclosures, Alamtri plans buybacks with a maximum value of Rp4 trillion. The share repurchase will be carried out through the Indonesia Stock Exchange in stages within a maximum period of 12 months following shareholder approval from the General Meeting of Shareholders.

The company has confirmed that the plan adheres to several capital market regulations, including Financial Services Authority Regulation No. 29 of 2023 on the Repurchase of Shares by Open Companies, OJK Regulation No. 15 of 2020 regarding the planning and holding of General Meetings of Shareholders of open companies, and the Limited Liability Company Act as updated through regulations relating to Job Creation.