United Tractors started IDR 2 trillion buyback: United Tractors stock yields 6.77 percent

Published on 10/21/2026 at 09:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue fell 15 percent to IDR 58.3 trillion in first-half 2026. United Tractors stock costs EUR 1.12 on October 21, 2026 with a 6.77 percent forward yield.

Buyback and earnings pressures

United Tractors set a IDR 2.0 trillion buyback for October 1, 2026.
First-half 2026 revenue fell 15 percent to IDR 58.3 trillion.
United Tractors stock trades at EUR 1.12 at 9:41 a.m. CEST at Lang & Schwarz on October 21, 2026.
Interim dividends of IDR 430 per share are due on October 26, 2026.

United Tractors, ID1000058407, Illustration mit AI erstellt.

United Tractors (ISIN ID1000058407) was trading at EUR 1.12 at Lang & Schwarz on October 21, 2026 at 9:41 a.m. CEST. The company started a three-month IDR 2.0 trillion buyback on October 1, 2026, while Yahoo Finance listed a forward dividend yield of 6.77 percent.

Buyback meets weaker earnings

The buyback gives the stock a capital-return angle while operating results remain under pressure. Liputan6 reported that the program runs from October 1 through December 31, 2026 and uses internal funds. The authorization limits repurchases to IDR 2.0 trillion and keeps free float at least 15 percent of issued and paid-up capital.

The financial backdrop is less supportive. IDXChannel reported that first-half 2026 consolidated revenue reached IDR 58.3 trillion, down 15 percent from IDR 68.5 trillion a year earlier. Komatsu heavy-equipment sales fell 27 percent year over year to 1,994 units, while coal sales reached 6.0 million tons, down 10 percent.

Three dated company developments

On September 28, 2026, Bisnis.com reported an interim dividend of IDR 430 per share, totaling up to IDR 1.478 trillion. On October 1, 2026, United Tractors began the IDR 2.0 trillion buyback. On October 8, 2026, management told the exchange that first-half revenue had declined 15 percent to IDR 58.3 trillion.

What does the buyback mean for cash?

The program is material beside the interim distribution, but the company said internal funds would finance both capital actions. The earnings pressure also has a specific operating source: lower gold-equivalent sales after a temporary interruption at the Martabe mine, alongside weaker coal and equipment demand.

Two dates matter next

The next scheduled company dates are the IDR 430 per-share interim dividend payment on October 26, 2026, and the next earnings date listed by Yahoo Finance as October 29, 2026. The payment date follows the October 8, 2026 recording date.

Stock price and operating risk

United Tractors combines a visible shareholder-return program with a 15 percent first-half revenue decline. The next earnings update will show whether higher coal quotas and the restart of gold operations can offset the weaker first-half base.

The stock was trading at EUR 1.12 at Lang & Schwarz on October 21, 2026 at 9:41 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of United Tractors stock.