United Tractors announced IDR 2 trillion buyback of United Tractors stock

Published on 10/14/2026 at 10:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue fell 15.00 percent to IDR 58.3 trillion. United Tractors stock costs EUR 1.34 on October 14, 2026.

Capital returns and operating pressure

United Tractors announced an IDR 2.0 trillion buyback on October 1, 2026.
First-half 2026 net revenue fell 15.00 percent to IDR 58.3 trillion.
United Tractors stock traded at EUR 1.34 at 10:35 a.m. CEST on October 14, 2026.

United Tractors, ID1000058407, Illustration mit AI erstellt.

United Tractors (ID1000058407) announced a buyback of up to IDR 2.0 trillion on October 1, 2026, using internal funds, according to Bisnis.com. At Lang & Schwarz, the stock was trading at EUR 1.34 on October 14, 2026 at 10:35 a.m. CEST, while market capitalization stood at IDR 87.4 trillion on the same date.

Buyback sets the capital frame

The program runs from October 1 through December 31, 2026, and limits repurchases to 20.00 percent of issued and paid-up capital while preserving a free float of at least 15.00 percent, Kontan reported on October 1, 2026.

The capital action comes as operating figures weaken. IDXChannel reported that first-half 2026 net revenue reached IDR 58.3 trillion, down 15.00 percent from the same period in 2025.

What does the buyback change?

If United Tractors spends the full IDR 2.0 trillion, total assets would fall from IDR 179.1 trillion to IDR 177.1 trillion and total equity from IDR 101.8 trillion to IDR 99.8 trillion, according to CNBC Indonesia on October 1, 2026. That arithmetic makes the buyback a capital-allocation signal rather than an operating improvement.

Three dated developments

On July 1, 2026, United Tractors began an earlier buyback period that ended September 30 with 57,974,100 shares repurchased for IDR 1.42 trillion, as reported by RCTI Plus on October 1, 2026. On October 1, the company announced the new IDR 2.0 trillion program. On October 8, 2026, management said first-half revenue had fallen 15.00 percent to IDR 58.3 trillion, with weaker gold, heavy-equipment and coal activity, according to IDXChannel.

Upcoming reporting dates

United Tractors is scheduled to report its next earnings on November 4, 2026, according to Investing.com. The buyback window is scheduled to end on December 31, 2026, giving the earnings release a near-term test of whether operating pressure is easing.

Trading reference for investors

United Tractors stock was trading at EUR 1.34 at Lang & Schwarz on October 14, 2026 at 10:35 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of United Tractors stock.