JAKARTA - The Annual General Meeting of Shareholders (RUPST) for the 2025 Fiscal Year of PT Bank Negara Indonesia (Persero) Tbk (BBNI) approved a cash dividend of IDR 13.03 trillion.
The dividend is equivalent to 65 percent of the consolidated net profit attributable to owners of the parent entity of IDR 20.04 trillion.
BNI Corporate Secretary Okki Rushartomo said the decision reflects the Company's commitment to continue to provide optimal value to shareholders while maintaining the Company's fundamentals through strengthening the capital structure.
"A number of strategic decisions agreed upon in this RUPST are part of efforts to maintain sustainable performance and strengthen the capital foundation of the Company in the future," Okki said in a written statement, Monday, March 9.
In the meeting, shareholders also agreed to allocate 35 percent of net profit or around IDR 7.01 trillion as retained earnings balance. This fund will be used to support business expansion and strengthen BNI's capital capacity in the midst of banking industry dynamics.
In addition to the dividend distribution, RUPST also approved a share buyback plan (buyback) with a maximum transaction value of IDR 905.48 billion, including transaction costs. Buyback will be carried out by taking into account the applicable provisions and regulations in the capital market.
Okki explained that this buyback step is one of the Company's instruments in maintaining the stability of the share price while providing flexibility in managing the Company's capital.
"This buyback decision shows management's confidence in the Company's long-term prospects while providing flexibility in capital strengthening," said Okki.
The shares resulting from the buyback will be kept as treasury stock which can be transferred through a re-sale on the Indonesia Stock Exchange or outside the exchange. The shares can also be used for the implementation of the Share Ownership Program for Employees and/or Directors of the Company.
In the same RUPST, shareholders also approved changes to the Company's Articles of Association regarding the reclassification of BP BUMN's Series B shares into Series A Dwiwarna shares. The reclassification was carried out on 223,783,877 shares as part of an adjustment to Law Number 16 of 2025 concerning the Fourth Amendment to Law Number 19 of 2003 concerning State-Owned Enterprises.
Okki said the adjustment was a form of the Company's compliance with the latest regulations as well as an effort to strengthen corporate governance as a state-owned enterprise.
"This adjustment is part of the Company's compliance with applicable regulations while ensuring that corporate governance remains optimal," he said.
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