OJK extends no-shareholder-approval buyback policy for listed firms until June 2027
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What happened
OJK announced an extension of the rule that lets listed companies conduct share buybacks without first obtaining approval through a general meeting of shareholders. The authority set the new validity period through June 2027.
Why it matters
The extension keeps an emergency-style market-support instrument in place for another eight months. It affects listed issuers' capital management options, minority-shareholder safeguards, and the policy signal investors receive about how OJK judges current market conditions.
Indonesia's Financial Services Authority (OJK) said on October 26 that it will extend the emergency policy allowing listed companies to buy back shares without prior shareholder approval. The measure, first used as a market-support tool, now remains available until June 2027. The extension is a concrete regulatory action aimed at supporting market confidence and gives issuers faster room to intervene in their own stock prices during periods of volatility.
Watch for
Indonesia Stock Exchange disclosure filings on 2026-10-27 to 2026-10-30 announcing new buyback plans under the extended OJK rule OJK publication of the formal circular or regulatory text specifying scope, eligibility, and reporting requirements by 2026-10-30 IDX Composite and sector index trading data on 2026-10-27 to 2026-10-30 for abnormal gains in issuers announcing buybacks Public statements from the Indonesia Stock Exchange or OJK by 2026-10-30 on surveillance or disclosure enforcement tied to no-RUPS buybacks
Sources
- Buyback Saham Tanpa RUPS Diperpanjang! · finance.detik.com