StockWatch
·
Telephone Communications (No Radiotelephone)
AGM/EGMJun 10, 2026, 01:06 PM

Telkom Indonesia Approves ~Rp22T Dividend, Share Buyback, and Articles Amendment

AI Summary

PT Telekomunikasi Indonesia Tbk held its Annual General Meeting of Shareholders for FY2025, approving key resolutions including the annual report, consolidated financial statements, and a significant cash dividend distribution of approximately Rp22 trillion. The meeting also greenlit a share buyback program of up to Rp4 trillion and approved amendments to the company's Articles of Association. Notably, the company disclosed ongoing investigations by the SEC, DOJ, and Indonesian authorities concerning revenue recognition and financial reporting practices. The AGM also saw changes in the Board of Commissioners with the appointment of two new members.

Key Highlights

  • PT Telekomunikasi Indonesia Tbk held its Annual General Meeting of Shareholders for FY2025 on June 8, 2026.
  • Shareholders approved the Annual Report and ratified the Consolidated Financial Statements for FY2025.
  • A total cash dividend of Rp21,999,902,180,685.00 for FY2025 was approved, representing a 123.5% payout ratio.
  • The meeting approved a share buyback program of up to Rp4,000,000,000,000.
  • Amendments to the Articles of Association were approved, including reclassifying shares and updating business activities.
  • Two new Commissioners were appointed: Edwin Hidayat Abdullah and Anthony Leong.
  • The company noted ongoing investigations by the SEC, DOJ, and Indonesian authorities regarding revenue recognition and financial reporting.