Bank Rakyat Indonesia Launches IDR 1 Trillion Buyback to Stabilize Stock

Key Facts

1Bank Rakyat Indonesia (BBRI) has launched a share buyback program valued at IDR 1 trillion.

2The buyback decision followed the bank's shares hitting their daily limit down price.

Bank Rakyat Indonesia (BBRI) has launched a share buyback program valued at IDR 1 trillion. According to IDNFinancials, the buyback decision followed the bank's shares hitting their daily limit down price due to extreme selling pressure.

The move is intended to stabilize the stock price following the recent sharp decline. This intervention follows the Indonesian central bank's decision on October 21, 2026, to maintain interest rates at 5.75%, missing the market forecast of 6%.