BRI Holds 2025 Annual General Meeting of Shareholders (AGMS), Distributes IDR 51.73 Trillion in Dividends and Prepares for IDR 3 Trillion Buyback

Rhea-AI Summary

Bank Rakyat Indonesia (BRI) announced key decisions from its 2025 Annual General Meeting of Shareholders (AGMS). The bank approved a dividend distribution of IDR 51.73 trillion, marking an increase from IDR 48.10 trillion in 2024. This follows BRI's consolidated net profit of IDR 60.15 trillion for fiscal year 2024.

The dividend includes an interim payment of IDR 20.33 trillion (IDR 135 per share) distributed on January 15, 2025, with the remaining IDR 31.40 trillion to be paid out. The state will receive IDR 27.68 trillion of the total dividend.

Additionally, BRI approved a share buyback program of up to IDR 3 trillion to be executed through the Stock Exchange or outside it. The AGMS also announced significant management changes, including the appointment of Hery Gunardi as President Director and several other key executive positions.

Positive

• Increased dividend distribution to IDR 51.73 trillion from IDR 48.10 trillion in previous year
• Strong net profit of IDR 60.15 trillion for fiscal year 2024
• Share buyback program of IDR 3 trillion announced, potentially supporting stock value

Negative

• Significant management turnover with 19 executives departing, including President Director

News Market Reaction – BKRKY

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JAKARTA, Indonesia, March 29, 2025 /PRNewswire/ -- PT Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) held its Annual General Meeting of Shareholders (AGMS). At this year's AGMS, BRI approved the distribution of dividends amounting to IDR 51.73 trillion, an increase compared to the 2024 dividend of IDR 48.10 trillion. In addition, BRI will also carry out a share buyback of up to IDR 3 trillion.

BRI's 2025 AGMS approved 10 agenda items, with three key topics highlighted by Corporate Secretary Agustya Hendy Bernadi: dividend distribution, share buyback, and management changes.

Use of the Company's Net Profit (Cash Dividend Distribution)

For the 2024 fiscal year, BRI posted a consolidated net profit of IDR 60.15 trillion, allocating up to IDR 51.73 trillion for cash dividends. An interim dividend of IDR 20.33 trillion (IDR 135 per share) was distributed on January 15, 2025, leaving a remaining payout of up to IDR 31.40 trillion. Of the total, IDR 27.68 trillion will go to the state, with the rest distributed proportionally to shareholders listed on the recording date.

Share Buyback Plan

In addition to the dividend distribution, BRI's 2025 AGMS also approved the company's plan to repurchase or buy back shares in an amount of up to IDR 3 trillion. The buyback will be carried out through the Stock Exchange or outside the Stock Exchange.

Changes to the Company's Management

The 2025 AGMS resolved changes to the company's management, including the honorable discharge of the following 19 individuals, among them Sunarso as President Director and Catur Budi Harto as Deputy President Director.

Additionally, BRI appointed 16 individuals, including Hery Gunardi as President Director and Hakim Putratama as Director of Operations.

The AGMS also reassigned Agus Noorsanto from Director of Wholesale and Institutional Business to Deputy President Director, and Ahmad Solichin Lutfiyanto from Director of Compliance to Director of Human Capital & Compliance.

In total, BRI's 2025 AGMS discussed and resolved 10 agenda items. The complete resolutions are available on the BRI website at www.bri.co.id

"The decisions made in this AGMS reflect BRI's commitment to continuously improve performance and deliver added value to shareholders and other stakeholders," concluded Hendy.

For more information about BANK BRI, visit www.bri.co.id

FAQ

How much dividend will BRI (BKRKY) distribute in 2025?

BRI will distribute total dividends of IDR 51.73 trillion in 2025, with IDR 20.33 trillion already paid as interim dividend and IDR 31.40 trillion remaining.

What is the size of BRI's (BKRKY) share buyback program announced in 2025?

BRI announced a share buyback program of up to IDR 3 trillion, to be executed through the Stock Exchange or outside it.

What was BRI's (BKRKY) net profit for fiscal year 2024?

BRI posted a consolidated net profit of IDR 60.15 trillion for fiscal year 2024.

Who is the new President Director of BRI (BKRKY) appointed in 2025?

Hery Gunardi was appointed as the new President Director of BRI in the 2025 AGMS.

How much of BRI's (BKRKY) 2025 dividend will go to the state?

The state will receive IDR 27.68 trillion of the total dividend distribution.