In a significant move from its Annual General Meeting of Shareholders (AGMS) held on Wednesday, April 29, PT Bank Mandiri (Persero) Tbk. (BMRI) announced its decision to execute a share buyback program. The leading state-owned bank has allocated a maximum of Rp1.17 trillion for this corporate action, signaling strong confidence in its financial standing.
This strategic share buyback initiative is slated for execution over a maximum period of 12 months, commencing from the AGMS approval date, and will run until April 29, 2027. The shares acquired through this program will be held as treasury shares, with a portion subsequently allocated via a comprehensive stock ownership plan for its employees, directors, and non-independent commissioners, in full compliance with the regulations set by the Financial Services Authority (OJK).
Beyond the substantial share buyback, the AGMS also approved a remarkable cash dividend distribution totaling Rp44.47 trillion. This generous payout represents an impressive 79 percent of the bank’s net profit for the 2025 financial year. According to Bank Mandiri President Director, Riduan, these strategic decisions emphatically underscore the shareholders’ unwavering trust in the company’s robust fundamentals and its promising growth trajectory.
Riduan further elaborated, stating, “This reflects the Company’s unwavering commitment to delivering optimal value for both the nation and all its shareholders. Crucially, this is achieved without diminishing Bank Mandiri’s capacity to continue its growth as a nationally prominent financial institution with global competitiveness.” This statement reinforces the bank’s dual focus on stakeholder returns and sustained strategic expansion.
Demonstrating its strong market performance, Bank Mandiri’s dividend yield stood at an impressive 10.77%, calculated based on the closing share price of Rp4,430 per share on the day of the AGMS. This figure positions BMRI as having one of the highest dividend yields within Indonesia’s highly competitive domestic banking sector, making it an attractive prospect for investors seeking strong returns.
Summary
Bank Mandiri (BMRI) has officially approved a share buyback program with a maximum allocation of Rp1.17 trillion following its recent Annual General Meeting of Shareholders. This initiative will be executed over a 12-month period, with acquired shares held as treasury stock to be distributed through an employee and management stock ownership plan in compliance with OJK regulations.
Additionally, the bank declared a significant cash dividend distribution of Rp44.47 trillion, representing 79 percent of its 2025 net profit. With an impressive dividend yield of 10.77%, these strategic decisions reflect the company’s strong financial fundamentals and its commitment to delivering sustained value to shareholders while maintaining long-term growth capacity.