AADI - Plans IDR5 tn buyback

AADI - Plans IDR5 tn buyback Adaro Andalan Indonesia (AADI) has announced its intention to conduct a share buyback with a maximum budget of IDR5 tn. This corporate action is scheduled to take place over a 12-month period starting May 23, 2026, pending approval at the company’s AGMS on May 22. Funded entirely through internal cash reserves, the buyback is expected to improve AADI’s stock liquidity and ensure the share price more accurately reflects the company’s underlying fundamental value. The company emphasized that the program will be executed with flexibility based on market conditions and will not adversely affect its financial stability or operational capabilities. (Source : Bisnis Indonesia)