Executive Summary

Key insights and market outlook

CIMB Niaga's President Director Lani Darmawan increased his shareholding by 190,600 shares to 2,017,501 shares on January 2, 2026, at Rp1,770 per share ¹

. This follows the bank's ongoing share buyback program, having purchased 168,000 shares worth Rp357.24 million in April 2024 ². Other executives also received additional shares as part of the Material Risk Taker (MRT) program.

Full Analysis

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Deep Dive Analysis

CIMB Niaga Executives Boost Shareholding Amid Ongoing Buyback Program

Increased Executive Shareholding

CIMB Niaga's President Director, Lani Darmawan, has increased his shareholding in the bank by 190,600 shares to a total of 2,017,501 shares. The transaction was executed on January 2, 2026, at a price of Rp1,770 per share, amounting to approximately Rp337.36 million ¹

. This move demonstrates the executive's confidence in the bank's prospects.

Buyback Program Update

This recent purchase follows the bank's ongoing share buyback program. In April 2024, CIMB Niaga repurchased 168,000 shares worth Rp357.24 million, averaging Rp2,120 per share ²

. The buyback program is part of the bank's strategy to manage its capital structure and enhance shareholder value.

Additional Executive Shareholdings

Other CIMB Niaga executives also received additional shares as part of the Material Risk Taker (MRT) program. These include:

Lee Kai Kwong: Received 81,500 shares, total holding 913,900 shares
Fransiska Oei Lan Siem: Received 66,700 shares, total holding 1,155,601 shares
Rusly Johannes: Received 79,100 shares, total holding 1,053,301 shares
Henky Sulistyo: Received 60,600 shares, total holding 304,300 shares
John Simon: Received 96,000 shares, total holding 1,250,201 shares ²
Source 2
https://finansial.bisnis.com/read/20260107/90/1942323/cimb-niaga-bnga-buyback-168000-saham-senilai-rp35724-juta

Market Performance

At the time of the transaction, CIMB Niaga's stock was trading steadily at Rp1,790 per share. The stock has shown limited volatility, trading between Rp1,780 and Rp1,800 per share during the day. With a market capitalization of approximately Rp44.55 trillion and a price-to-earnings ratio of 6.47x, the stock appears to be undervalued compared to its peers. The dividend yield stands at around 8.70%, with a quarterly dividend of Rp38.93 per share.

References