Telkom Indonesia completes share buyback and Telkom Indonesia stock costs EUR 11.00

Published on 10/23/2026 at 10:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The buyback covered 15,956,199 shares at IDR 2,290 each on October 22, 2026. Telkom Indonesia stock costs EUR 11.00 on October 23, 2026.

Buyback and earnings context

Telkom Indonesia completed a 15,956,199-share buyback on October 22, 2026.
First-half 2026 revenue reached IDR 75.8 trillion, up 4.0 percent year over year.
Telkom Indonesia stock trades at EUR 11.00 at 10:05 a.m. CEST at Lang & Schwarz on October 23, 2026.

TLK, US7156841063, Illustration mit AI erstellt.

Telkom Indonesia (US7156841063) completed a mandated buyback of 15,956,199 shares, while its stock was trading at EUR 11.00 at Lang & Schwarz on October 23, 2026 at 10:05 a.m. CEST. TipRanks reported on October 22, 2026 that the company repurchased the shares at IDR 2,290 each for IDR 36.54 billion.

Buyback reaches 15.96 million shares

The transaction followed Telkom Indonesia's October 20, 2026 plan to accelerate a buyback worth up to IDR 4 trillion. According to the company's Telkom Indonesia release, more than IDR 3 trillion remained in the approved allocation as of October 19, 2026, and the program runs through June 8, 2027.

The chronology shows a broader portfolio reset. On October 13, 2026, Telkom Indonesia had completed 24 of 50 planned subsidiary streamlining steps, according to BeritaJatim. The company then set the accelerated buyback plan on October 20 before completing the 15,956,199-share purchase on October 22.

What does second-quarter profit mean?

The earnings picture gives the buyback a financial backdrop. In the first half of 2026, revenue reached IDR 75.8 trillion, an increase of 4.0 percent from the prior-year period, while data, internet and information-technology services revenue rose 12.6 percent to IDR 38.5 trillion, according to Binaartha Sekuritas on August 13, 2026.

Profitability improved faster than sales in the second quarter of 2026. Net profit rose 22.3 percent year over year to IDR 6.28 trillion, and net profit margin reached 16.2 percent. The same report said mobile average revenue per user increased 9.0 percent year over year to IDR 46,000, while the mobile subscriber base declined 3.1 percent to 153.5 million.

Upcoming dates shape the story

The next dated corporate milestone is June 8, 2027, when the approved 12-month buyback period ends. The October 22 settlement also marks the latest completed step connected with the partial wholesale fiber spin-off approved by Telkom Indonesia's 2026 extraordinary meeting.

For investors, the central question is whether capital returns and portfolio streamlining can reinforce earnings growth without weakening investment in data centers and connectivity. The first-half figures show a 4.0 percent revenue increase alongside a 22.3 percent second-quarter profit increase, making margin and cash allocation the key measures for the next update.

Stock price in Berlin trading

Telkom Indonesia stock was trading at EUR 11.00 at Lang & Schwarz on October 23, 2026 at 10:05 a.m. CEST. The quote is an intraday indication for investors in Germany, while the company remains listed on the NYSE under ticker TLK.

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