BRI Signals Strength: Launches Buyback Amidst Stock Price Corrections
Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) announced the commencement of a share buyback process for BBRI shares.
- Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) announced the commencement of a share buyback process for BBRI shares.
- This strategic move comes in response to significant adjustments in BBRI's share price following the release of the Q1 2024 Financial Report.
- BRI's President Director, Sunarso, emphasized that the buyback is intended to signal the company's stronger position compared to market perceptions.
- In terms of BRI's performance, amidst the dynamic global economic and geopolitical challenges, BRI has managed to achieve positive profit growth.