Chandra Asri director buys 1 million shares: what it means for Chandra Asri stock
Published on 10/20/2026 at 11:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCapital allocation and project scale
- Raymond acquired 1 million shares on October 16, 2026.
- The CA-EDC project was 80.00 percent complete in September 2026.
- Chandra Asri had an IDR 110.2 trillion market capitalization on October 20, 2026.
Chandra Asri (ISIN ID1000090301) director Raymond bought 1 million shares for IDR 1.205 billion on October 16, 2026. According to Bisnis.com, the purchase lifted Raymond's direct holding from 9.62 million to 10.62 million shares, a 10.39 percent increase.
Insider purchase adds a signal
The transaction was split into four purchases at IDR 1,205 per share. Raymond's voting rights remained at 0.01 percent, according to the same disclosure reported by CNBC Indonesia.
What does the buyback mean for cash?
Chandra Asri's buyback plan allocates up to IDR 1 trillion for as many as 800 million shares, equal to 0.92 percent of issued stock. Kontan reported that the repurchase price is set between IDR 1,250 and IDR 3,000 per share and that internal cash will fund the program.
The size of the program is substantial in share count but remains capped at 0.92 percent of issued stock. The repurchased shares are planned to become treasury shares, while the company stated that the action would not reduce revenue or materially affect operations and financing.
Three milestones frame the story
On October 15, 2026, the CA-EDC project had reached 80 percent construction progress, according to Kontan. On October 19, 2026, the company announced the IDR 1 trillion buyback, and on October 20, 2026, Raymond's 1 million-share purchase became the latest dated event.
Dates set the next checkpoints
The buyback is scheduled to run through December 31, 2026. The CA-EDC facility is targeted to begin commercial operations in 2027, with designed annual capacity of 400,000 tons of caustic soda and 500,000 tons of ethylene dichloride.
Market value and operating scale
Chandra Asri's market capitalization stood at IDR 110.2 trillion on October 20, 2026. The stock was last at IDR 1,275 on IDX on October 20, 2026 at 4:14 p.m. WIB, with the market closed.
Chandra Asri Group describes itself as a Southeast Asian energy, chemicals and infrastructure company, with annual chemical production capacity of 4.2 million metric tons. The combination of the buyback, insider purchase and CA-EDC construction milestone gives investors three separate figures for assessing capital allocation and expansion.
Market context: Market report IDX Composite.
