Get Ready, Boy Thohir's Coal Issuer (AADI) to Buy Back Shares Worth Rp5 Trillion

Jakarta, CNBC Indonesia - Boy Thohir’s coal mining issuer, PT Adaro Andalan Indonesia Tbk (AADI), plans to carry out a share buyback of up to Rp5 trillion. The nominal value of all shares to be repurchased by the company will not exceed 10% of the paid-up capital.

AADI’s Share Buyback will be conducted through the Indonesia Stock Exchange (BEI) and gradually over a period of no more than 12 months from the date of obtaining approval at the Annual General Meeting of Shareholders (AGMS). AADI’s AGMS is scheduled to be held on 22 May 2026.

Quoting the disclosure of information, AADI’s management stated that it has the opportunity and flexibility to carry out the share buyback at any time based on market conditions, after obtaining approval from the GMS.

This plan is expected to increase the liquidity of AADI share trading, so that the share price is expected to reflect the company’s fundamental value.

“The company hopes that the implementation of the company’s Share Buyback will provide a good return for shareholders and increase investor confidence so that the company’s share price can reflect the company’s true fundamental condition,” said AADI’s management in the disclosure of information, quoted on Thursday (16/4/2026).

AADI’s management is confident that the implementation of this share buyback will not have a negative impact on the company’s performance and income. This is because AADI’s current retained earnings and cash flow are sufficient for the funds needed to implement the Share Buyback.

The source of funds to be used for the share buyback will entirely come from AADI’s internal cash. Management ensures that the use of funds for AADI’s Share Buyback will not significantly affect the company’s financial capacity.