Astra’s 2026 EGMS: Approved Share Buyback and Transfer of Treasury Shares

JAKARTA: PT Astra International Tbk (“Astra” or the ”Company”) today on Friday (17/7) held the Extraordinary General Meeting of Shareholders (the “Meeting”). The Meeting decided several things as follows:

1. First Agenda

a. Approved the transfer of a portion of shares repurchased under the third period of the Company’s share buyback program, which was conducted from 16 March 2026 to 15 June 2026, the total number of which shall not exceed 100,000,000 shares, to be used for the implementation of the management share ownership program (“MSOP Program”).

b. Authorized the Nomination and Remuneration Committee of the Company to determine (i) the exercise price of the shares transfer and (ii) the amount of payment obligation of the Company's management, in accordance with the applicable laws and/or regulations.

c. Authorized the Board of Directors of the Company to undertake any and all actions necessary in connection with the share transfer for the implementation of the MSOP Program, in accordance with the applicable laws and/or regulations.

2. Second Agenda

a. Approved the share buyback of the Company in accordance with OJK Regulation No. 29/2023, with a total value of up to Rp8,000,000,000,000.-, excluding brokerage fees and other costs related to the share buyback.

b. Authorized the Board of Directors of the Company to take any actions as necessary in connection with the share buyback, in compliance with prevailing laws and regulations, including but not limited to, determining the buyback price of the shares.

President Director of Astra, Rudy, expressed his gratitude to all stakeholders for the full support which have provided over the years.

 

For further information, please contact:
Windy Riswantyo
Head of Corporate Communications
PT Astra International Tbk
Phone. 021-508-43-888

 

About Astra:
Astra is one of Indonesia's largest public companies, comprising 322 subsidiaries, joint ventures, and associated entities, supported by more than 190,000 employees. The company's diversified business model creates synergies and opportunities across multiple industries, including Automotive, Financial Services, Heavy Equipment and Mining Solutions, and other sectors.
Astra has a sustainability framework that includes the Astra 2030 Sustainability Aspirations, which guide the Astra Group's transition toward becoming a more sustainable company by 2030 and beyond. Astra aspires to strengthen Indonesia's economic resilience in support of an inclusive and prosperous society.
Astra's sustainable social contributions are centered on developing and strengthening villages through the Desa Sejahtera Astra program, which has reached more than 1,500 Desa Sejahtera Astra sites across 35 provinces in Indonesia. The program covers four main areas, including health, education, environment, and entrepreneurship, supported by nine foundations that contribute to Indonesia's economic growth while advancing an inclusive and prosperous society.
In line with the Desa Sejahtera Astra program, the Semangat Astra Terpadu Untuk (SATU) Indonesia Awards was established to recognize young innovators as well as the best Desa Sejahtera Astra communities and village champions mentored by Astra. Since its launch in 2010, the SATU Indonesia Awards has honored 792 young Indonesians who actively collaborate with Desa Sejahtera Astra.
For more information, visit astra.co.id, and follow Astra's activities on Instagram @satu_indonesia, TikTok @satu_indonesia, YouTube SATU Indonesia, X (Twitter) @satu_indonesia, LinkedIn PT Astra International Tbk, and Facebook Semangat Astra Terpadu.