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[BUSINESS] · Indonesia · 3 sources

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PT Semen Indonesia (SIG) evaluates share buyback amid strong fundamentals

PT Semen Indonesia (Persero) Tbk (SIG) is currently reviewing a potential share buyback strategy. Management believes the company's business fundamentals remain resilient for long-term growth, suggesting that current market stock prices may not fully reflect the company's actual strength.

SIG President Director Indrieffouny Indra stated that the decision is undergoing careful study in accordance with Financial Services Authority (OJK) Regulation Number 13 of 2023. The company aims to ensure any buyback supports corporate performance and protects shareholder interests.

Separately, SIG received the “Best Responsibility of the Board” award from the Indonesian Institute for Corporate Directorship (IICD) at the 17th IICD Corporate Governance Conference and Award 2026. The company cited its commitment to transparency, accountability, responsibility, independence, and fairness as key drivers for its sustainable performance and contribution to the Indonesian investment climate.

Entities

Indonesian Institute for Corporate Directorship · Indrieffouny Indra · Jakarta · Otoritas Jasa Keuangan · PT Semen Indonesia (Persero) Tbk