United Tractors announces IDR 2 trillion buyback of United Tractors stock

Published on 10/13/2026 at 09:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

United Tractors stock costs EUR 1.35 on October 13, 2026, with a EUR 1.32 bid. First-half revenue fell 15.00 percent to IDR 58.28 trillion.

United Tractors announced a maximum IDR 2 trillion share buyback for October 1 to December 31, 2026.
The company reported first-half 2026 revenue of IDR 58.28 trillion, down 15.00 percent year over year.
Lang & Schwarz quoted United Tractors at EUR 1.35 on October 13, 2026 at 9:37 a.m. CEST.
The interim dividend remains IDR 430 per share, while the payment schedule moved to November 2026.

United Tractors, ID1000058407, Illustration mit AI erstellt.

United Tractors (ID1000058407) was trading at EUR 1.35 at Lang & Schwarz on October 13, 2026 at 9:37 a.m. CEST. On October 1, 2026, the company announced a maximum IDR 2 trillion buyback for October 1 to December 31, 2026, according to Investor.

Buyback reaches IDR 2 trillion

The previous buyback period used IDR 1.42 trillion to acquire 57,974,100 shares between July 1 and September 30, 2026. The new program carries a maximum budget of IDR 2 trillion and runs through December 31, 2026, giving the announcement a larger stated allocation than the completed period.

The buyback is a capital-allocation response while operating indicators remain mixed. Investor reported that the earlier program had already purchased 57,974,100 shares, while the company linked the new plan to supporting market confidence and shareholder value.

What does the dividend change mean?

United Tractors also kept the interim dividend at IDR 430 per share, with a maximum distribution of IDR 1.478 trillion, according to Liputan6.com on September 29, 2026. The report tied the payout to financial data for the six months ended June 30, 2026, including net income attributable to the parent of IDR 956.28 billion.

The payment schedule was later moved from October to November 2026 so the company could refer to its September 30, 2026 financial statements, Investor reported on October 1, 2026. The amount remained IDR 430 per share in that report.

Revenue fell 15.00 percent

United Tractors generated IDR 58.28 trillion of net revenue in the first half of 2026, down 15.00 percent from IDR 68.52 trillion a year earlier, according to Okezone on September 23, 2026. Komatsu heavy-equipment sales fell 21.00 percent to 2,689 units during the first eight months of 2026, while coal production at Pama Group declined 3.00 percent to 93 million tons.

The figures show why capital returns and operating recovery are competing parts of the United Tractors story. The company also secured an approved coal production quota of 12.4 million tons in August 2026, although Okezone reported that the first-half approved quota had been lower by 50.00 percent.

Three dated company developments

On September 23, 2026, United Tractors reported first-half revenue of IDR 58.28 trillion, down 15.00 percent year over year, according to Okezone. On September 29, 2026, the interim dividend was reported at IDR 430 per share, according to Liputan6.com. On October 1, 2026, the company announced the new IDR 2 trillion buyback, according to Investor.

Next dates include November

The buyback period runs through December 31, 2026, while the interim dividend payment was moved to November 2026 after the company chose to reference September 30, 2026 financial statements, according to Investor.

Stock trades at EUR 1.35

At Lang & Schwarz, United Tractors was trading at EUR 1.35 on October 13, 2026 at 9:37 a.m. CEST, with a bid of EUR 1.32 and an ask of EUR 1.37. The primary IDX quote was IDR 24,800 at 7:32 a.m. UTC on October 13, 2026, with a market capitalization of IDR 86.6 trillion and a 52-week range of IDR 20,125 to IDR 32,825.

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