GoTo schedules treasury share vote: what it means for GoTo stock

Published on 10/09/2026 at 11:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

For GoTo stock, the vote covers more than 32.00 billion shares. Market value stood at IDR 32.0 trillion on October 9, 2026.

Key points in brief

GoTo scheduled an October 14, 2026 shareholder vote on cancelling more than 32.00 billion treasury shares.
The proposed cancellation equals 2.70 percent of issued shares and could reduce the share count if approved.
GoTo stock had a market capitalization of IDR 32.0 trillion as of October 9, 2026.
GoTo reported second-quarter 2026 net income of IDR 252.0 billion and adjusted EBITDA above IDR 1.0 trillion.

GoTo, ID1000166903, Illustration mit AI erstellt.

GoTo stock is tied to a proposed cancellation of more than 32.00 billion treasury shares, representing 2.70 percent of issued shares. According to GoTo on September 22, 2026, shareholders will vote on the cancellation at an extraordinary meeting scheduled for October 14, 2026.

Three dates define the setup

On September 22, 2026, GoTo published the meeting agenda and set the proposed cancellation at more than 32.00 billion treasury shares, or 2.70 percent of issued shares, according to GoTo.

On September 28, 2026, the Indonesia Stock Exchange reduced the minimum share price from IDR 50.00 to IDR 1.00. CNBC Indonesia reported that GoTo stock traded at IDR 43.00 that day, down 14.00 percent.

On October 7, 2026, GoTo stock rose 6.90 percent to IDR 31.00, while trading volume reached 18.44 billion shares, according to Investortrust.id.

What does the share cancellation change

If approved, the cancellation would reduce the number of outstanding shares and raise the proportional ownership of existing shareholders. The proposal therefore offers a concrete capital-structure change, while the market capitalization stood at IDR 32.0 trillion on October 9, 2026.

GoTo's operating figures provide a second reference point. In the second quarter of 2026, net income reached IDR 252.0 billion, up from IDR 171.0 billion in the first quarter of 2026, while net revenue rose 31.00 percent year over year to IDR 5.7 trillion, according to IndoPremier. Adjusted EBITDA exceeded IDR 1.0 trillion in that quarter, and management retained a full-year adjusted EBITDA target of IDR 3.2 trillion to IDR 3.4 trillion.

October 14 is the next date

The extraordinary general meeting on October 14, 2026, is the next substantiated corporate date. Its agenda also includes the resignation of Vice President Director Catherine Hindra Sutjahyo, disclosed on August 28, 2026, according to GoTo.

Market value sets the reference

GoTo had a market capitalization of IDR 32.0 trillion on October 9, 2026, with the Indonesia Stock Exchange as its primary listing venue. The proposed 2.70 percent share cancellation is the clearest near-term change to the capital structure, while the second-quarter comparison shows improving profitability.