Bakrie Group’s mining services issuer PT Darma Henwa Tbk (DEWA) has reported the realization of its share repurchase (buyback) as of December 10, 2025. Darma Henwa Director Mukson Arif Rosyidi disclosed that the number of shares repurchased via the program stood at 372,093,023 shares, with an average purchase price of Rp430 per share, totaling Rp160 billion in transaction value. The remaining repurchase budget amounts to Rp790 billion, as stated in an information disclosure cited on Friday (12/12/2025). Previously, DEWA announced the buyback program with a maximum budget of Rp1.66 trillion, scheduled to run from November 19, 2025, to February 19, 2026. DEWA’s shares closed 9.88% higher at Rp545 in trading on Thursday (11/12/2025), having surged 150% over the past three months and soared 390% year-to-date.

BRI Danareksa Sekuritas (BRIDS) has commented on DEWA’s performance, noting positive results as of June 30, 2025: sales grew 6.44% year-on-year, while net profit jumped 1,079.96%—a reflection of strong operational efficiency and profitability improvements. Cash flow from operating activities rose by 106.62%, indicating the company’s ability to generate healthy cash from core operations despite relatively mo...