TRIS Plans IDR 15 Billion Share Buyback

PT Trisula International Tbk (TRIS) plans to conduct a share buyback valued at Rp15 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 disclosure from the Indonesia Stock Exchange (IDX), the buyback implementation will take place over three months, from 6 July 2026 to 5 October 2026.

“The Company’s share buyback will be carried out in accordance with the provisions regulated in the Financial Services Authority Regulation (POJK) No. 13 of 2023, dated 20 July 2023, regarding policies for maintaining capital market performance and stability during conditions of significant market fluctuation,” management stated on Monday (6/7/2026).

Management emphasised that the execution of the share buyback is not expected to result in a decrease in the company’s revenue. Furthermore, management believes that this corporate action will not have any material negative impact on the company’s business activities or financial condition.

As an illustration, based on the proforma financial statements as of 31 March 2026, the Company’s current year profit remains at Rp17.23 billion both before and after the buyback implementation. 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 the number of outstanding shares, earnings per share (EPS) is expected to increase from Rp5.57 per share to Rp5.75 per share.

In its implementation, the Company has set a maximum repurchase price of Rp170 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 exchange member to execute the buyback.

“The implementation of the share buyback is expected not to affect the Company’s business and operational activities, as the Company possesses sufficient working capital to run its business operations,” management wrote.