BuybackJun 4, 2026, 11:36 AM
Telkom Indonesia Updates Rp4T Share Buyback Plan
AI Summary
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (Telkom Indonesia) provided an update on its proposed share buyback plan, aiming to repurchase up to Rp4 trillion (approximately $245 million USD) of its shares. The buyback, funded by internal cash, is intended to strengthen confidence in the company's long-term value and prospects. It is expected to have no material adverse effect on business activities or revenue, while slightly increasing earnings per share.
Key Highlights
- Telkom Indonesia plans a share buyback of up to Rp4 trillion (approximately $245 million USD).
- The buyback will be funded by the company's internal cash.
- The estimated share buyback period is from June 9, 2026, to June 8, 2027.
- The total number of shares repurchased will not exceed 10% of issued and paid-up capital.
- Proforma financials indicate a decrease in total assets and equity by Rp4 trillion.
- Proforma earnings per share are expected to increase from IDR 179.8 to IDR 183.1.
- Free float shares will remain above 15% after the buyback.
- The buyback aims to strengthen confidence in the company's long-term value and prospects.