#Indonesia #Jakarta #Bank Rakyat Indonesia #IDR 51.73 trillion #2025 AGMS

BRI's 2025 AGM: A Look Into Major Financial Moves

On March 29, 2025, PT Bank Rakyat Indonesia (Persero) Tbk, listed on the IDX under the ticker symbol BBRI, successfully held its Annual General Meeting of Shareholders (AGMS). This significant event shed light on the bank's financial performance and future strategies, particularly in the realms of dividends and share repurchases.

Increase in Dividends

At the heart of the discussions was the bank's announcement to distribute a staggering IDR 51.73 trillion in dividends for the fiscal year 2024. This distribution marks an increase from the previous year’s IDR 48.10 trillion. This decision reflects the bank's robust consolidated net profit of IDR 60.15 trillion for the last fiscal year. The payout plan includes an interim dividend of IDR 20.33 trillion, which had already been distributed on January 15, 2025. This interim dividend translates to IDR 135 per share. Following the interim payout, a remaining dividend of IDR 31.40 trillion will be allocated based on shares listed by the record date, a move that strikes a balanced return to shareholders.

Share Buyback Initiative

In addition to dividends, BRI's management outlined plans to initiate a share buyback program amounting to IDR 3 trillion. This buyback is aimed at supporting the stock price and enhancing shareholder value. The buyback will be executed either through the Stock Exchange or through alternative means outside the exchange, thus demonstrating the bank's proactive strategy to manage its capital effectively and instill confidence among investors.

Changes in Management Structure

The AGM also marked a pivotal moment in the management's structure, with significant changes being made. A total of 19 management personnel were either promoted or retired, including the departure of President Director Sunarso and Deputy President Director Catur Budi Harto. In their places, Hery Gunardi was appointed as the new President Director, while Hakim Putratama took on the role of Director of Operations. Other managerial reassessments included the elevation of Agus Noorsanto to Deputy President Director, and Ahmad Solichin Lutfiyanto transitioning from Director of Compliance to Director of Human Capital Compliance. These shifts signal a redefined leadership approach aimed at propelling BRI towards its future goals.

Looking Ahead

The resolutions passed during the 2025 AGMS underline BRI's commitment to delivering shareholder value and enhancing company performance. Corporate Secretary Agustya Hendy Bernadi emphasized that these strategic moves are designed not just to sustain, but also to improve the bank's competitive edge in the financial services sector.

In conclusion, the Annual General Meeting of PT Bank Rakyat Indonesia highlights the bank's determination to provide sustainable growth and value for its shareholders. As stakeholders await the execution of these plans, BRI’s strategies in dividends, share buybacks, and management restructuring position it well for ongoing success in the financial marketplace. For further insights, the full resolutions and other relevant details are available on the BRI website at www.bri.co.id.