Boy Thohir Prepares Share Buyback for ADRO

Jakarta — National entrepreneur Garibaldi “Boy” Thohir has again demonstrated his commitment to strengthening Indonesia’s capital markets by planning to execute a share buyback of PT Alamtri Resources Indonesia Tbk (ADRO). This corporate action reflects support for the national economy and increased participation of domestic investors.

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

A buyback is the repurchase of shares already circulating in the market. This step is typically undertaken by companies to increase shareholder value, maintain share price stability, and demonstrate management confidence in the company’s performance.

Based on company disclosure, Alamtri is planning a buyback with a maximum value of 4 trillion rupiah. The implementation of the share repurchase will be conducted through the Indonesian Stock Exchange in stages over a maximum period of 12 months following approval from the General Meeting of Shareholders.

The company also stated that the plan complies with several capital market regulations. These regulations include the Financial Services Authority Regulation Number 29 of 2023 on Share Repurchase by Listed Companies, OJK Regulation Number 15 of 2020 concerning the planning and implementation of General Meetings of Shareholders for listed companies, and the Limited Liability Company Law which has been updated through the Job Creation law.