BCA Plans Rp 5 Trillion Share Buyback After 12% Stock Slide
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JAKARTA, Investortrust.id — PT Bank Central Asia Tbk or BBCA plans a Rp 5 trillion share buyback on Wednesday, Jan 28, 2026 in Jakarta to help stabilize Indonesia’s capital market after its stock fell more than 12% year to date, a move expected to support investor confidence and shareholder returns. The buyback will be funded from internal cash and capped at no more than 10% of paid-up capital and outstanding shares.
The company said the buyback aimed to support market stability in 2026, strengthen investor confidence, and deliver more optimal returns for shareholders. The plan was disclosed in an official filing to the Indonesia Stock Exchange.
The buyback will be carried out after shareholder approval at the annual general meeting scheduled for Wednesday, March 12, 2026. The execution period will run for up to 12 months following approval.
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PT Bank Central Asia (Persero) Tbk appointed BCA Sekuritas as the executing broker for the buyback. The company said shares would be repurchased at prices considered fair and reasonable in accordance with prevailing regulations.
Management said the buyback was not expected to have a material impact on operations, financial performance, capital adequacy, or liquidity. The bank said it maintained a strong liquidity position and sufficient cash flow to support ongoing operations.
Exchange data showed BBCA shares had fallen more than 12% year to date in 2026. Foreign investors recorded net selling of Rp 10.19 trillion, making BBCA the most heavily sold stock on the exchange over the same period.