BRI Initiates Rp3 Trillion Share Buyback to Ensure Future Performance Stability

PT Bank Rakyat Indonesia (Persero) Tbk, commonly known as BRI, is embarking on a strategic initiative to enhance its long-term performance through a significant share buyback program. The program, which has been approved by the Annual General Meeting of Shareholders (AGMS) conducted on March 24, 2025, allows for a maximum expenditure of Rp3 trillion.

The corporate secretary of BRI, Agustya Hendy Bernadi, emphasized that this buyback aligns with the bank's efforts to support both employee and corporate share ownership. The initiative is expected to bolster investor confidence, especially in light of fluctuating macroeconomic conditions both locally and globally. The decision to proceed with the buyback has been made with a particular focus on recent tariff adjustments enacted by the U.S. government and the shifts in the Federal Funds Rate (FFR).

"This corporate action is designed to protect our shareholders' interests amidst changing market parameters," Hendy stated, underscoring the bank's commitment to maintaining financial health while pursuing growth. The buyback could either be executed through the stock exchange or directly, either in phases or as a whole, with completion expected within twelve months of the AGMS approval.

In April 2025, the first phase of this buyback program will commence, reinforcing BRI's strategy of closer alignment with market expectations and shareholder value enhancement. BRI recognizes that sustaining investor trust during challenging economic times requires proactive measures, and this buyback represents a critical component of that strategy.

Hendy explained that the decision was also made with due regard to the bank's current liquidity status and broader financial picture, ensuring that the buyback does not compromise the institution's fiscal integrity. BRI has been actively engaging in buybacks since 2015 as part of its employee and board ownership initiatives, aimed at motivating staff and fostering a strong connection between employee performance and company profitability.

The management believes that this buyback will significantly enhance the motivation and performance of BRILiaN personnel, which in turn will drive the company towards optimal target achievements and improved performance overall. Adherence to regulatory frameworks and principles of good corporate governance (GCG) remains a commitment for BRI throughout this process.

In an era where confidence in financial institutions can waver, BRI's share buyback program demonstrates an unwavering dedication to enhancing shareholder value while securing the financial futures of its employees and stakeholders. As the financial landscape continues to evolve, BRI is positioning itself not just to navigate but thrive in the face of challenges, signifying a bright outlook for the future.

For further details about BRI and its financial products, visit www.bri.co.id.