Jakarta – PT Telkom Indonesia (Persero) Tbk (TLKM) has officially announced its plan to conduct a strategic share buyback with a total value of Rp1 trillion. According to the information disclosure released to the Indonesia Stock Exchange (IDX) on Tuesday (May 5, 2026), this corporate action is intended to reinforce market confidence in the company’s long-term value and future prospects.
“This move is an effort to harmonize market conditions with the company’s fundamentals, while maintaining stakeholder trust as we support sustainable growth,” stated Telkom’s management.
1. Buyback Implementation Schedule
The buyback process will begin with a request for shareholder approval during the Annual General Meeting of Shareholders (AGMS) scheduled for June 8, 2026. Following approval, the buyback period is set to take place from June 9, 2026, until June 8, 2027.
“The company’s free float shares after the buyback will remain at a minimum of 15 percent of the total listed shares, in accordance with applicable laws and regulations,” management added.
2. Source of Funds
Telkom confirmed that the budget for this buyback will be fully financed through the company’s internal cash reserves. The Rp1 trillion allocation is all-inclusive, covering the share purchase price as well as transaction costs, brokerage commissions, and other related fees.
3. Impact on the Company
While the buyback will result in a Rp1 trillion reduction in both assets and equity, Telkom has assured stakeholders that this will not have a material negative impact on its business operations. The company maintains that it possesses sufficient working capital and healthy cash flow to sustain its operational activities and growth initiatives.
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Summary
PT Telkom Indonesia (Persero) Tbk (TLKM) has announced a strategic share buyback plan valued at Rp1 trillion. This corporate action aims to reinforce market confidence in the company’s long-term value and future prospects, harmonizing market conditions with the company’s fundamentals. Shareholder approval will be sought at the Annual General Meeting of Shareholders on June 8, 2026, with the buyback period scheduled from June 9, 2026, to June 8, 2027. The company will ensure a minimum free float of 15 percent of total listed shares post-buyback.
The Rp1 trillion buyback will be fully funded by Telkom’s internal cash reserves and will cover all associated costs. While the buyback will reduce assets and equity by Rp1 trillion, the company states it will not materially negatively impact its business operations. Telkom maintains sufficient working capital and healthy cash flow to support its operational activities and growth initiatives.
