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Telecom Ready Fast Step Buyback Stock is Maximum Rp 4 T

The Indonesian Telecom PT accelerates the stock buyback program to Rp 4 trillion, supporting long-term shareholders with capital allocation discipline.

Telecom Ready Fast Step Buyback Stock is Maximum Rp 4 T

The Indonesian telkom (brasero) Tbk (TlCU) prepares a move to accelerate the repurchase program for the maximum Rp 4 trillion. This number was previously approved in last Monday's annual shareholders' General Meeting.

The program is still in its 12-month approved period, which is since June 9, 2026, June 8, 2027. The remaining approved buyback allocation is still more than Rp 3 trillion on Monday, (19 / 10).

The acceleration of this planned execution was part of a Telecom capital allocation strategy to support the creation of long-term value for shareholders. The timing and buyout of the purchase is considering the market conditions, the Perseroan cash positions, and the operational and investment needs to apply.

Main Director Telecom Nanang Hendarno announced that the buyback execution evaluation was carried out by staying forward of capital allocation discipline, in accordance with belief management against solid fundamental business and long-term prospects of Perseroan.

"We believe Tellom has a fundamental strong business and long-term growth potential. The buyback establishment is one of the forms of our belief in the Perseroan value, as the TelkomGroup transforms through the TLKM 30 strategy directed to optimize the business potential and increase the company value," Nanang in written information, Tuesday (20 / 10 / 2026).

The Director of Finance and Risk Management of Telkom Angelo also explained that the implementation of the buyback is funded from internal cash by still considering the priority of the financial allocation and the availability of solid cash flow.

It pays attention to liquidity needs as well as capital allocation priorities to maintain financial flexibility.

"The buyback establishment is part of a capital allocation decision that we consider disciplined, by looking at the fundamental faculties and business prospects ahead. We make sure that every decision of capital use remains in line with the strategic priority of TelkomGroup, as well as maintaining Perseroan's financial health in order to support continued growth," answer Angelo.

In the course of the Telecom transition to Strategic Holding with the model Holding-Operating Company (HoldCo-OpCo), Telecom continues to accelerate the setting of portfolio and efficiency to strengthen operational performance.

This initiative is also directed to strengthen the EBITDA margins and support sustainable business growth as the foundation of creating value for shareholders.

Check out also Video: Telecom Prepare Rp 3 T for Buyback Stock

Source: Detik ›

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