Astra International is trading 5.1% up at IDR 5,100 as investors react to the company's updated capital-return strategy and management incentive programs.
- The company has outlined a new IDR 8 trillion share buyback program, signaling a strong commitment to returning capital to shareholders and supporting stock sentiment.
- Management will seek shareholder approval on July 17, 2026, to reallocate up to 100 million treasury shares from previous buybacks toward a Management Share Ownership Plan (MSOP).
- These initiatives are designed to align leadership incentives with long-term performance while optimizing the company's capital structure.