Telkom Indonesia accelerates buyback: what it means for Telkom Indonesia stock

Published on 10/20/2026 at 09:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

More than IDR 3.0 trillion remains through June 8, 2027. Telkom Indonesia stock saw first-half revenue rise 3.90 percent to IDR 75.90 trillion.

Capital allocation and earnings dates

Telkom Indonesia announced an IDR 4.0 trillion buyback acceleration on October 20, 2026.
First-half 2026 revenue rose 3.90 percent to IDR 75.90 trillion.
Telkom Indonesia had a USD 10.9 billion market capitalization as of October 16, 2026.
Third-quarter results are scheduled for October 29, 2026.

TLK, US7156841063, Illustration mit AI erstellt.

Telkom Indonesia (ISIN US7156841063) announced on October 20, 2026 that it plans to accelerate a share buyback worth up to IDR 4.0 trillion. The program still had more than IDR 3.0 trillion allocated as of October 19, 2026, according to Telkom Indonesia. The move puts capital allocation at the center of the stock story.

Why the buyback matters

The authorization covers the period from June 9, 2026 through June 8, 2027. Telkom said the purchases will be financed from internal cash while management weighs liquidity, operations and investment needs, according to Kontan.

The company is also moving toward a strategic holding structure and continuing portfolio streamlining. By June 30, 2026, Telkom had completed 24 of 50 planned streamlining steps, a figure reported by Beritajatim.

What did Telkom report?

For the six months ended June 30, 2026, revenue rose 3.90 percent year over year to IDR 75.90 trillion, while profit attributable to owners increased 1.40 percent to IDR 10.60 trillion. Operating profit reached IDR 20.10 trillion, up from IDR 19.30 trillion, according to Dombey Capital.

Three recent milestones

On June 30, 2026, first-half revenue reached IDR 75.90 trillion. On September 30, 2026, shareholders approved the second phase of a wholesale fiber connectivity spin-off, according to BCA Sekuritas. On October 20, 2026, Telkom announced the planned acceleration of its IDR 4.0 trillion buyback.

Which dates come next?

Telkom's next earnings date is October 29, 2026, according to Quanteia. The buyback authorization runs through June 8, 2027, giving the next results release a near-term test of the company's operating progress and capital priorities.

Market value sets the backdrop

Telkom Indonesia had a market capitalization of USD 10.9 billion as of October 16, 2026. The combination of improving first-half profitability and a large authorized buyback gives investors two concrete measures for judging whether the strategic reset is translating into shareholder value.