PT Indocement Tunggal Prakarsa Tbk. (Indocement) held its Annual General Meeting of Shareholders (AGM) for the 2025 financial year, during which shareholders approved a cash dividend of Rp468 per share. The total dividend payout amounts to Rp1.54 trillion, derived from the Company’s net profit of Rp2.24 trillion in 2025.
The dividend will be distributed to shareholders recorded as of June 5, 2026, with payment scheduled to begin on June 19, 2026. The remaining net profit will be retained to support the Company’s future funding needs.
In addition to approving the dividend, the AGM also endorsed changes in the Company’s management structure. Shareholders approved the reappointment of Roberto Callieri as President Commissioner. The meeting also accepted the resignation of Hasan Imer as Director and appointed Benny Setiawan Santoso as his replacement for the remainder of the term. Furthermore, Indocement appointed Jose Maria Magrina Vadillo as Vice President Director, effective September 1, 2026. This appointment is expected to strengthen the Company’s leadership structure in supporting its long-term business strategy.
Indocement President Director Christian Kartawijaya expressed his appreciation for Hasan Imer’s contributions since 2008. He highlighted that various strategic initiatives carried out during this period have strengthened the Company’s operational foundation, including capacity expansion and improvements in product development and quality integration. On the same day, the Company also held an Extraordinary General Meeting of Shareholders (EGM), which approved several corporate actions. These include the cancellation of part of treasury shares acquired in 2021 and 2022 through a capital reduction of approximately 84.5 million shares.
Additionally, shareholders approved a share buyback plan with a maximum value of Rp750 billion, to be executed from May 22, 2026 to May 21, 2027. This initiative reflects the Company’s efforts to enhance shareholder value and maintain a strong capital structure.
As one of Indonesia’s largest cement producers, Indocement continues to operate in cement production and sales, ready-mix concrete, and aggregates, supported by an extensive operational network across the country.
