BRI Prepares Second-Phase Share Buyback Worth Rp1 Trillion
Bank Rakyat Indonesia (Persero) Tbk (BBRI) announced through a disclosure on Thursday (22 October) that it plans to carry out a second-phase share buyback worth up to Rp1 trillion amid significant volatility in the capital market. The buyback is scheduled to take place from 22 October 2026 to 21 January 2027.
The second-phase buyback is based on Financial Services Authority (OJK) Regulation No. 13 of 2023 and OJK Letter No. S-112/D.04/2026, dated 9 September 2026, on policies for listed companies to buy back shares during periods of significant market volatility.
BRI Corporate Secretary Dhanny said the strategic move was part of the company’s efforts to increase shareholder value and reflected management’s confidence in the strength of its business fundamentals and its long-term growth prospects.
“This share buyback plan reflects BRI’s confidence in the company’s business fundamentals and long-term growth prospects. In carrying it out, BRI will continue to prioritise capital adequacy, prudence and good corporate governance in accordance with applicable regulations,” Dhanny said in a written statement on Friday (23 October 2026).
In terms of capital, BRI said the corporate action would take into account the company’s ability to maintain a healthy capital structure. Pro forma calculations after the second-phase buyback show that, as at 30 June 2026, BRI’s consolidated financial indicators would include a strong capital adequacy ratio (CAR) of 21.42%, while return on equity (ROE) stood at 18.80%.
These figures indicate that BRI retains sufficient capital to support business expansion, perform its intermediation role and manage various risks amid economic and financial-market volatility.
The shares will be bought back at prices the company considers favourable and reasonable. BRI plans to use the shares acquired through the second-phase buyback for a share ownership programme for employees and/or members of the company’s Board of Directors and Board of Commissioners.
The transfer of the repurchased shares will take place after approval is obtained at a General Meeting of Shareholders (GMS), in accordance with applicable laws and regulations.
Dhanny said the second-phase buyback was part of BRI’s broader strategy to maintain investor confidence and optimise long-term shareholder value, while ensuring adequate capital and sustainable business growth.