Telkom Indonesia completes buyback. BRI keeps target for Telkom Indonesia stock
Published on 10/27/2026 at 09:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSExpansion and shareholder actions
- Telkom Indonesia completed a IDR 36.54 billion buyback on October 22, 2026.
- NeutraDC Batam is planned to reach 118 megawatts, with 6 megawatts targeted for the fourth quarter of 2026.
- Telkom Indonesia stock traded at EUR 10.50 at 9:12 a.m. CEST at Lang & Schwarz on October 27, 2026.
- Telkom Indonesia is scheduled to report quarterly results on October 29, 2026.
Telkom Indonesia completed a IDR 36.54 billion share buyback on October 22, 2026, while its stock was trading at EUR 10.50 at Lang & Schwarz at 9:12 a.m. CEST on October 27, 2026. According to TipRanks, the company repurchased 15,956,199 shares at IDR 2,290 each after its fiber-business spin-off vote.
Buyback follows fiber spin-off
The transaction followed an October 2, 2026 disclosure and an October 5 submission deadline. Settlement with eligible shareholders was completed on October 20, 2026, according to TipRanks.
Telkom Indonesia's latest reported operating figures also show a larger earnings base. Revenue reached IDR 38.69 trillion in the second quarter of 2026, compared with IDR 36.37 trillion a year earlier, while net income rose to IDR 6.28 trillion from IDR 4.92 trillion, according to Simply Wall St.
What does 118 megawatts mean for growth?
The strategic case centers on data centers and international connectivity. A Kontan report dated October 25, 2026 said NeutraDC Batam was planned with total capacity of 118 megawatts. The first 6 megawatts were targeted for operation in the fourth quarter of 2026, and the 100-megawatt BTM-2 project was targeted to serve customers in 2028.
BRI Danareksa Securities maintained an IDR 3,500 target in research dated October 22, 2026, according to Kontan. The same report identified 5G investment and electricity and water availability as execution risks for the data-center plan.
Three dated steps in the plan
On October 2, 2026, Telkom Indonesia announced the buyback linked to the fiber spin-off. On October 20, 2026, settlement with eligible shareholders was completed. On October 22, 2026, the company reported the repurchase of 15,956,199 shares for IDR 36.54 billion, as TipRanks reported.
Upcoming dates
Telkom Indonesia is scheduled to report its third-quarter 2026 results on October 29, 2026, according to MetaCap. The first 6 megawatts of BTM-1 are targeted for the fourth quarter of 2026, while BTM-2 is targeted for 2028.
Stock trades before results
Telkom Indonesia stock was trading at EUR 10.50 at Lang & Schwarz on October 27, 2026 at 9:12 a.m. CEST. The company is listed on the NYSE under TLK and operates across telecommunications, information technology and data-center services.
The further course of trading is shown by the continuously updated real-time quote of Telkom Indonesia stock.
Telkom Indonesia stock facts
- Company: Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk
- ISIN: US7156841063
- Ticker: TLK
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 27, 2026, 9:12 a.m. CEST): EUR 10.50
- Sector / Industry: Communication Services / Telecommunications Services
- Index membership: S&P 500
Market context: Market report S&P 500.
