BRI Announces Rp500 Billion Share Buyback Plan Amid Market Fluctuations

PT Bank Rakyat Indonesia (Persero) Tbk (BRI) has announced a plan to repurchase its shares (buyback) in response to significantly fluctuating market conditions, with a total value of up to Rp500 billion. The buyback period is scheduled to run from 12 June 2026 to 11 September 2026. Corporate Secretary BRI, Dhanny, stated that this move is part of the company’s strategy to enhance shareholder value and reflects 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 added.

The implementation of this buyback refers to the Financial Services Authority (OJK) Regulation Number 13 of 2023 concerning Policies for Maintaining Capital Market Performance and Stability in Significantly Fluctuating Market Conditions. It also refers to OJK Letter Number S-10/D.04/2026 dated 13 March 2026 regarding the implementation of share buyback policies by publicly listed companies in such conditions. The funding for the buyback will adhere to POJK 13/2023 and POJK 29/2023. The buyback will be executed at a price deemed fair, while observing applicable regulatory provisions.

Dhanny added that BRI’s buyback decision has also taken into account market conditions still influenced by various global challenges. These include global economic uncertainty, rising geopolitical tensions in the Middle East, increasing world oil prices, and capital outflows from emerging markets, all of which have put pressure on financial markets, including Indonesia’s capital market. “Through this corporate action, BRI has carefully considered its liquidity and current financial position, so the execution of the buyback will not have a material impact on the company’s financial or operational condition,” he said. As of 31 March 2026, the company’s capital adequacy ratio (CAR) stood at a strong 22.86 percent, while return on equity (ROE) was recorded at 18.37 percent. According to the company, these indicators reflect a strong capital capacity to support business expansion and risk mitigation in banking operations. The shares resulting from the buyback will later be transferred through employee and/or director and board of commissioners share ownership programmes, which can be executed after obtaining approval from the General Meeting of Shareholders (RUPS). As part of Danantara, Dhanny affirmed that BRI will continue to focus on strengthening its business fundamentals and creating long-term value for shareholders, customers, and all stakeholders, while ensuring the policy implementation adheres to prevailing regulations and the principles of good corporate governance.