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View all search resultsThe buyback, set to run from Oct. 22 to Jan. 19, 2026, comes as the company announced its third-quarter performance on Monday.
ank Central Asia (BCA) has announced a plan to buy back up to Rp 5 trillion (US$301.9 million) of its shares to maintain stock price stability.
The share buyback program, set to run from Oct. 22 to Jan. 19, 2026, comes as the company announced its third-quarter performance on Monday.
BCA executive vice president corporate communications and social responsibility Hera F. Haryana told a press conference on the same day that the decision would not affect the company’s financial performance or operations.
She added that the share buyback period could be shortened in accordance with relevant regulations.
“In its operations, BCA always adheres to the principles of good corporate governance [GCG] and complies with all applicable rules and regulations,” Hera said.
The company's shares, traded under the ticker code BBCA, rose more than 5.4 percent to Rp 8,300 in Tuesday's morning session but are still down more than 16 percent since the beginning of the year.
In the third quarter of this year, BCA booked a net profit of Rp 43.4 trillion, up 5.7 percent year-on-year (yoy).
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