BRI links planned Rp1 trillion share buyback to confidence in growth
The bank announced its second-stage repurchase plan on 22 October 2026, with the programme due to run until 21 January 2027.
PT Bank Rakyat Indonesia (Persero) Tbk. (BBRI) plans to repurchase up to Rp1 trillion of its shares, with president director Hery Gunardi saying the move reflects confidence in the bank’s performance and business prospects despite global economic uncertainty and financial market volatility.
Speaking at BRI’s virtual third-quarter 2026 results presentation on 9 November 2026, Hery said the buyback also demonstrated the bank’s commitment to creating long-term value for shareholders. The second-stage programme was announced on 22 October 2026 and is scheduled to continue until 21 January 2027.
Hery cited the state-owned bank’s transformation programme, BRIVolution Reignite, as a basis for that confidence. He said it was designed to reinforce the bank’s foundations, accelerate its core business and develop new sources of growth.
He said strong growth required sound fundamentals, an efficient funding structure and the ability to build additional growth drivers. BRI’s focus therefore extended beyond short-term expansion to strengthening its competitiveness and sustaining growth, he added.
