BRI (BBRI) Plans Rp 2.5 Trillion Share Buyback
Key Takeaways
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JAKARTA, Investortrust.id — PT Bank Rakyat Indonesia Tbk, or BRI (BBRI), plans to repurchase up to Rp 2.5 trillion, equal to $151 million, worth of its shares, as the lender sees its stock trading below fair value.
Director of Finance and Strategy Viviana Dyah Ayu Retno said the state-owned bank still holds an unused allocation from the Rp 3 trillion buyback budget approved by shareholders at the Annual General Meeting on March 24, 2025. The approval remains valid for 12 months.
“We obtained a budget of around Rp 3 trillion, and we still have about Rp 2.5 trillion that we can deploy immediately,” Viviana said during BRI’s online third-quarter 2025 earnings presentation on Thursday, Oct 30, 2025.
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She noted that BRI shares were currently undervalued in the market, prompting management to consider the buyback option as part of efforts to enhance shareholder value.
“When we look at the current movement of BRI’s share price, we consider it undervalued, and we are evaluating a potential buyback,” Viviana said.
In addition to the buyback plan, Viviana confirmed that BRI intends to continue its policy of distributing interim dividends early each year, maintaining consistency in shareholder returns.
“Usually, we distribute interim dividends every January, followed by the final dividend after the Annual General Meeting. We expect to do the same in 2026 — an interim dividend in January and a final dividend after the AGM,” she said.
Earlier this week, BRI reported a consolidated net profit of Rp 41.23 trillion for the first nine months of 2025, supported by 6.26% year-on-year loan growth to Rp 1,438 trillion and a stable contribution from its micro, small, and medium enterprise segment.
Valuation
Based on InvestingPro data as of Oct 30, 2025, BRI (BBRI) shares were traded at Rp 3,940, up 1.29% on the day, within a 52-week range of Rp 3,360–4,870. The platform’s fair-value models placed the average intrinsic value at Rp 4,573.59, implying an upside potential of around 16.1% from the current price.
Disclaimer: Valuation data and analyst estimates are sourced from InvestingPro as of publication. Market conditions and price movements may change without notice. This analysis is provided for informational purposes only and does not constitute an offer, recommendation, or solicitation to buy or sell any securities. Investors should conduct their own due diligence before making investment decisions.
Analyst targets compiled from 21 brokerage houses showed a consensus range between Rp 3,340 and Rp 5,400, with an average target of Rp 4,551. InvestingPro’s composite models also estimated a fair-value spread between Rp 4,184.74 and Rp 5,423.51, with low uncertainty, reflecting stable earnings visibility.
The company has consistently raised its dividend for three consecutive years, and two analysts have revised their earnings outlook upward ahead of the next earnings release on Nov 12, 2025. These factors, combined with solid dividend payouts and moderate valuation multiples, support BRI’s attractiveness for long-term investors seeking income stability in Indonesia’s financial sector.