TRIS Plans IDR 15 Billion Share Buyback

PT Trisula International Tbk. (TRIS) plans to conduct a share buyback valued at IDR 15 billion. The number of shares to be repurchased will be a maximum of 3% of the company’s issued and paid-up capital, equivalent to a maximum of 94 million shares. According to information disclosed on the Indonesia Stock Exchange (IDX), the buyback will take place over three months, from 6 July 2026 to 5 October 2026. The management stated that the share buyback will be carried out in accordance with the provisions of the Financial Services Authority Regulation No. 13 of 2023 concerning policies to maintain capital market performance and stability during significantly fluctuating market conditions. Management confirmed that the share buyback is not expected to cause a decline in the company’s revenue. Furthermore, management believes this corporate action will not have a material negative impact on the company’s business activities or financial condition. As an illustration, based on the proforma financials as of 31 March 2026, the company’s profit for the year remains at IDR 17.23 billion both before and after the buyback. However, the number of outstanding shares is projected to decrease from 3,093,211,331 shares to 2,999,211,331 shares after accounting for treasury shares. With the reduction in outstanding shares, earnings per share (EPS) is estimated to increase from IDR 5.57 per share to IDR 5.75 per share. The company has set a maximum buyback price of IDR 170 per share. The share buyback will be conducted both through the Indonesia Stock Exchange and off-market. For transactions through the exchange, the company has appointed PT Phillip Sekuritas Indonesia as the brokerage firm to execute the share buyback. The management wrote that the share buyback is expected not to affect the company’s business activities and operations because the company has sufficient working capital to run its business activities.