Astra Intl. plans share buyback of 2 trillion rupiah
TL;DR
Astra International plans a 2 trillion rupiah share buyback to stabilize its stock price and manage capital, following a previous buyback that boosted shares. The company also announced dividends and is shifting investments to gold mining and digital sectors amid mixed 2025 results.
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PT Astra International Tbk (ASII) has announced a share buyback program with a maximum allocation of IDR 2 trillion, aimed at stabilizing its share price amid volatile market conditions and enhancing long-term capital management according to the company announcement. The buyback, conducted through a single exchange member, is scheduled from 19 January to 26 February 2026, though the company may conclude it earlier if funds are fully utilized as reported. Repurchased shares will be held as treasury shares, in compliance with Financial Services Authority (OJK) regulations per OJK guidelines.
This initiative follows a similar buyback from 31 October 2025 to 13 January 2026, which absorbed the full IDR 2 trillion allocation. During that period, ASII shares rose over 18%, but as of 13 March 2026, shares traded at IDR 7,050, down 1.65% on the day, reflecting a P/E ratio of 8.75 times.
In addition to buybacks, Astra proposed a final dividend of 292 Rupiah per share for the 2025 fiscal year, bringing total distributions to 390 Rupiah per share. Full-year 2025 results showed mixed performance: the automotive segment faced stagnating demand, while financial services, property, and IT divisions reported profit growth. Conversely, mining and energy segments declined due to falling commodity prices according to financial analysis.
The company is also reallocating capital to gold mining and digital expansion, with analysts noting that consistent buybacks and dividends underpin investor confidence. The upcoming 2026 half-year results will be critical in assessing the effectiveness of these strategies amid sectoral shifts.
