Petrindo Jaya Kreasi plans IDR 500 billion buyback: what it means for Petrindo Jaya Kreasi stock

Published on 10/19/2026 at 10:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Petrindo sets IDR 500 billion for a buyback from October 19 to December 31, 2026. Petrindo Jaya Kreasi stock enters a buyback window.

Buyback and financial scale

Petrindo Jaya Kreasi planned an IDR 500 billion buyback on October 19, 2026.
Revenue reached USD 1.22 billion in fiscal year 2025.
Market capitalization stood at IDR 56.8 trillion on October 19, 2026.

Petrindo Jaya Kreasi, ID1000187206, Illustration mit AI erstellt.

Petrindo Jaya Kreasi (ID1000187206) plans a buyback worth up to IDR 500 billion from October 19 through December 31, 2026. According to CNBC Indonesia on October 19, 2026, the funds will come from internal cash and the company appointed BNI Sekuritas and Trimegah Sekuritas Indonesia to execute the purchases.

What does the buyback change?

The program gives Petrindo a defined capital-management tool after a sharp move in its home market. Kontan reported on October 19, 2026, that the allocation includes transaction and brokerage costs and that the company considers its retained earnings and cash flow sufficient to fund the action.

The financial effect is measurable rather than purely symbolic. The pro forma figures cited by CNBC Indonesia show total assets declining from USD 2.65 billion to USD 2.62 billion after the full allocation, while equity falls from USD 638.37 million to USD 610.37 million.

Three dates frame the stock

On June 30, 2026, the company used consolidated financial statements showing USD 2.65 billion in assets for the buyback projection. On October 16, 2026, the IDX closing price was IDR 540.00. On October 19, 2026, Petrindo announced the IDR 500 billion buyback through Kontan.

Dates investors can measure

The announced buyback window starts on October 19, 2026 and ends on December 31, 2026, according to Bisnis.com. Treasury shares must be transferred within three years after the buyback period ends under the cited market rules.

Financial scale behind the move

The investor-relations page reports fiscal 2025 revenue of USD 1.22 billion, operating profit of USD 239.08 million and net income of USD 152.00 million. These figures provide the operating scale against which the IDR 500 billion capital action will be assessed, while Petrindo Jaya Kreasi lists a 20 percent operating margin for fiscal year 2025.

Market value and latest quote

The latest home-market quote stood at IDR 505.00 on IDX on October 19, 2026 at 3:03 p.m. WIB, while market capitalization was IDR 56.8 trillion on the same date.