Summary of the results of Indocement’s General Meeting of Shareholders held on 21 May 2026:
Annual GMS
- Approved the distribution of dividends amounting to Rp1,536,782,925,132 or Rp468 per share.
- Approved the reappointment of Roberto Callieri as President Commissioner of Indocement.
- Approved the resignation of Hasan Imer as Director of the Company and appointed Benny Setiawan Santoso to replace him for the remainder of Hasan Imer’s term of office.
- Approved the appointment of Jose Maria Magrina Vadillo as Deputy President Director, effective 1 September 2026.
Extraordinary GMS
- Approved the corporate action of withdrawing part of the shares from the buyback conducted in 2021 and 2022, by reducing the capital by 84,529,400 shares and amending Article 4 paragraph (2) of Indocement’s Articles of Association.
- Approved the Company’s Share Buyback with a maximum cost of Rp 750,000,000,000, to be carried out from 22 May 2026 until 21 May 2027.
The complete press release can be downloaded in attachment section.
