Telkom Indonesia sets IDR 2,290 buyback for Telkom Indonesia stock

Telkom Indonesia (ISIN US7156841063) had disclosed a buyback at IDR 2,290 per share for eligible dissenting holders on October 2, 2026, according to StockTitan. The offer followed approval of the second phase of the wholesale fiber connectivity spin-off to PT Telkom Infrastruktur Indonesia.

Buyback follows fiber transfer

According to StockTitan on October 2, 2026, the eligible holders had to be registered on September 7, 2026, attend the September 30 extraordinary meeting and vote against the spin-off resolution. The filing capped the total nominal value of repurchased shares at 10.00 percent of issued capital.

The buyback price was based on Telkom Indonesia's September 30 closing price, while payment was scheduled for the earliest seven business days after approval of the subsidiary's related capital increase. That structure makes the offer a shareholder-rights mechanism tied to the reorganization, rather than a general repurchase program.

First-half revenue grows 3.90 percent

Telkom Indonesia reported consolidated revenue of IDR 75.9 trillion for the first half of 2026, up 3.90 percent year over year, according to Liputan6.com on September 22, 2026. Normalized net income rose 6.20 percent to IDR 11.3 trillion, giving investors a stronger comparison than the 1.40 percent increase in reported net income to IDR 10.6 trillion.

EBITDA increased 3.80 percent to IDR 37.5 trillion in the same period, with a 49.40 percent margin. Telkom Indonesia retained its 2026 outlook for normalized revenue growth of 1.00 to 3.00 percent and an EBITDA margin above 50.00 percent.

TLK trades below prior close

TLK was trading at EUR 11.35 at Lang & Schwarz on October 8, 2026 at 10:12 a.m. CEST, down 2.16 percent versus the prior close of EUR 11.60 on October 7, 2026. The primary listing is on the NYSE, where the finance quote showed USD 13.04 and a 52-week range of USD 12.38 to USD 23.52 as of October 8, 2026.

For investors, the key tension is visible in the numbers: first-half normalized net income grew 6.20 percent, while the current euro indication stood EUR 0.25 below its prior close. The buyback price applies only to holders meeting the filing's ownership, attendance and voting conditions.

The further course of trading is shown by the continuously updated real-time quote of Telkom Indonesia stock.

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