BRI Allocates IDR 500 Billion for Share Buyback, Here's the Period

PT Bank Rakyat Indonesia (Persero) Tbk or BRI (BBRI) has announced a plan to buy back shares in significantly fluctuating market conditions (fluctuative buyback) with a maximum value of IDR 500 billion. BRI Corporate Secretary Dhanny revealed this step is part of the company’s strategy to enhance shareholder value while reflecting management’s confidence in the strength of the company’s fundamental performance and solid long-term growth prospects. “We assess that BBRI’s current valuation is still below its fair value or does not yet fully reflect the company’s performance and business potential,” Dhanny stated on Friday, 12 June 2026. The fluctuative buyback period will be carried out from 12 June 2026 to 11 September 2026. The implementation of this fluctuative buyback refers to the Financial Services Authority Regulation (POJK) Number 13 of 2023 concerning Policies for Maintaining Capital Market Performance and Stability in Significantly Fluctuating Market Conditions, as well as OJK Letter Number S-10/D.04/2026 dated 13 March 2026 regarding the policy on share buybacks by public companies in significantly fluctuating market conditions. The funding for the fluctuative buyback will be guided by POJK 13/2023 and POJK 29/2023. The buyback will be executed at a price deemed fair, while adhering to applicable regulations. Dhanny added that BRI’s buyback move has also considered market conditions still influenced by various global challenges, ranging from world economic uncertainty, rising geopolitical tensions in the Middle East, increasing global oil prices, to capital outflows from emerging markets. These conditions have put pressure on financial markets, including the Indonesian capital market. “Through this corporate action, BRI has carefully considered its current liquidity and financial position, so the implementation of the fluctuative buyback will not have a material impact on the company’s financial or operational condition,” he stressed. After the buyback, BRI’s proforma consolidated financial indicators as of 31 March 2026 show the Capital Adequacy Ratio (CAR) remains at a strong level of 22.86 percent, while Return on Equity (ROE) is recorded at 18.37 percent. This reflects that the company still possesses strong capital capacity to support business expansion and risk mitigation in managing the bank’s business.