BCA Shares Surge 5% After Announcing $301 Million Stock Buyback
Jakarta. Shares of Bank Central Asia (BCA) surged 5.4 percent in early Tuesday trading after Indonesia’s largest private lender announced a stock buyback program worth up to Rp 5 trillion ($301 million).
By midday, BCA’s share price had climbed 450 points to Rp 8,325, according to market data.
In a public filing, BCA management said the buyback will be carried out at fair market prices in accordance with prevailing capital-market regulations, with a maximum purchase price of Rp 9,200 per share.
The buyback period will run from October 22, 2025, to January 19, 2026, or roughly three months following the official announcement on October 20.
However, the company noted that it may conclude the program earlier if the full repurchase amount is reached before the end of the period, while maintaining compliance with market rules.
On Monday, BCA shares had already gained around 5 percent, closing at Rp 7,875 amid rising trading volumes -- signaling growing investor confidence ahead of the buyback plan.
Tags: Keywords:
as a preferred
Related Articles
Indonesian Stocks Rally 4.9%, but Foreign Investors Keep Selling
Indonesia’s JCI rose 4.9% last week, but foreign selling and MSCI downgrade risks continue to cloud the market outlook.
Billionaire Agus Projosasmito Adds BRMS Shares Ahead of Gold Miner’s Earnings
BRMS CEO Agus Projosasmito buys 5.5 million shares as the gold miner targets higher output and a return to profit in the third quarter.
OJK Fines 11 Brokerage Firms in Rp 2.1 Trillion Stock Market Crackdown
OJK fines 11 brokerages over violations involving DSSA, BREN and CUAN shares, as total penalties reach Rp 2.1 trillion.
IDX Crash a Wake-Up Call for Indonesia’s Retail Investors
Recompound co-founder Toby Limanto warns Indonesia’s stock rout exposes the risks of social media-driven investing and speculative trading.
Jakarta Stocks Open Higher, Investors Await BI Rate Decision
Indonesian stocks rose 0.62% at the open as investors awaited Bank Indonesia’s rate decision amid inflation and rupiah pressures.
Strong Fundamentals, Fragile Trust
Markets can live with strict rules. What they struggle to accept is uncertainty about the rules that come next.
Prabowo Summons Economic Team Amid Market Volatility
Prabowo meets senior economic officials as the JCI rebounds 4.16% and the rupiah strengthens to Rp 17,992 per dollar.
MSCI Concerns, Tighter IDX Trading Rules Send Indonesian Stocks Down 5% by Midday
Indonesian stocks plunge 5% by midday as MSCI concerns weigh on sentiment and the IDX tightens its daily downside limit to 7%.
Indonesian Bank Stocks Hit Pandemic-Era Valuations After MSCI Shock
Indonesian bank stocks hit crisis-era lows as MSCI's downgrade proposal sparks a selloff and fuels fears of foreign outflows.
Black Week for Indonesia Stocks Exchange as Market Loses $85 Billion
Indonesia’s stocks plunged 14.91% in a week, wiping out $94 billion in market value as MSCI weighs a downgrade to standalone status.The Latest
Ye Concert, Other Events to Draw 130,000 to GBK, Here’s What to Know
Around 130,000 visitors are expected at Jakarta’s GBK on Saturday as Ye’s concert and several major events take place.
Indonesia Allocates Rp 722 Billion for Year-End Flight Ticket Tax Relief
Indonesia allocates Rp 722 billion to cover domestic flight ticket VAT during the 2026/2027 Christmas and New Year holidays.
Greece Floats Shipbuilding Partnership with Indonesia
Greece says that it possesses “extensive expertise” as it woos Indonesia in shipbuilding partnership.
Indonesian Stocks Rally 4.9%, but Foreign Investors Keep Selling
Indonesia’s JCI rose 4.9% last week, but foreign selling and MSCI downgrade risks continue to cloud the market outlook.
Ye Concert in Jakarta to Deploy 2,000 Security Personnel
More than 2,000 personnel will secure Ye’s Jakarta concert on Saturday, as organizers urge fans to use public transport.Most Popular
