United Tractors launches IDR 2 trillion buyback. United Tractors stock is worth IDR 80.9 trillion

Published on 10/16/2026 at 09:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The buyback runs through December 31, 2026 under the company disclosure. United Tractors stock costs EUR 1.19 on October 16, 2026.

Buyback and operating pressure

United Tractors disclosed an IDR 2 trillion buyback on October 1, 2026.
First-half 2026 revenue reached IDR 58.3 trillion, down 15 percent year over year.
United Tractors stock traded at EUR 1.19 at 9:37 a.m. CEST at Lang & Schwarz on October 16, 2026.
United Tractors scheduled its next earnings report for November 4, 2026.

United Tractors, ID1000058407, Illustration mit AI erstellt.

United Tractors (ISIN ID1000058407) disclosed a share buyback of up to IDR 2 trillion on October 1, 2026, while first-half operating figures showed continued pressure across key businesses. The company can repurchase up to 20 percent of issued and paid-up capital during the period ending December 31, 2026, according to the United Tractors disclosure.

Buyback sets a capital signal

The planned repurchase has a maximum value of IDR 2 trillion and will be funded with internal resources rather than loans or public-offering proceeds. The disclosure says the transaction is intended to support market stability and will leave the company with treasury shares after the program.

The chronology matters. On September 28, 2026, United Tractors announced an interim dividend of IDR 430 per share, with payment originally scheduled for October 26, 2026, as reported by Bisnis.com. On October 1, 2026, the company published the IDR 2 trillion buyback plan. On October 8, 2026, management attributed first-half weakness to lower gold sales and pressure on heavy equipment and coal mining, according to IDXChannel.

What does the operating pressure mean?

United Tractors reported IDR 58.3 trillion of net revenue for the first half of 2026, down 15 percent from IDR 68.5 trillion in the first half of 2025. Net profit attributable to the parent fell to IDR 956 billion from IDR 8.13 trillion, while profit excluding non-recurring items declined 48 percent to IDR 4.3 trillion, according to Bisnis.com.

Dates for the next decision points

The company maintained a 2026 Komatsu heavy-equipment sales target of 4,000 units, while first-half sales reached 1,994 units, down 27 percent year over year. United Tractors also reported coal sales of 6 million tons through June 2026 and targeted 4 million tons for the second half, according to IDXChannel.

The next reporting date is November 4, 2026, according to the earnings calendar shown by Investing.com. The buyback period is scheduled to end on December 31, 2026.

Euro quote reflects the current phase

United Tractors stock was trading at EUR 1.19 at Lang & Schwarz on October 16, 2026 at 9:37 a.m. CEST. The separate IDX quote stood at IDR 23,150 at 2:32 p.m. WIB on October 16, 2026, with an IDR 80.9 trillion market capitalization 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.