JAKARTA – PT Adaro Andalan Indonesia Tbk (AADI) is planning a share buyback with a maximum value of IDR 5 trillion.

The company will proceed with the corporate action after obtaining approval at its annual general meeting of shareholders (AGM), scheduled for 22 May 2026.

Based on a disclosure to the Indonesia Stock Exchange (IDX) on Wednesday (15/4), AADI’s management said the buyback will be carried out in stages over a period of up to 12 months following AGM approval.

The value of shares repurchased will not exceed 10% of issued and paid-up capital and is not expected to disrupt the company’s financial condition.

Management said the move aims to improve trading liquidity and maintain the share price in line with the company’s fundamentals.

In addition, the buyback is expected to provide attractive returns for shareholders and strengthen investor confidence.

AADI’s management emphasised that the buyback will not have a negative impact on the company’s performance or revenue, supported by sufficient cash and retained earnings to fund the transaction.

Based on pro forma financials, AADI’s earnings per share (EPS) are expected to increase from 0.09762 to 0.10401 following the buyback, assuming full utilisation of the allocated funds.

Meanwhile, total assets and equity will decline as internal funds are deployed for the corporate action. (DH/KR/ZH)