{
    "success": true,
    "data": {
        "id": 2045853,
        "msgid": "telkom-ready-to-accelerate-share-buyback-plan-1792468240",
        "date": "2026-10-20 10:13:00",
        "title": "Telkom Ready to Accelerate Share Buyback Plan",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Finance",
        "summary": "Telkom is considering accelerating its share buyback programme, which was approved at up to Rp4 trillion and runs until June 2027; more than Rp3 trillion of the allocation remained as of 19 October 2026. The company says timing and scale will depend on market conditions, cash resources and operational and investment needs, with the programme funded from internal cash as part of disciplined capital allocation.",
        "content": "<p>PT Telkom Indonesia (Persero) Tbk (Telkom) is preparing steps to\naccelerate the implementation of its share buyback programme, worth up\nto Rp4 trillion, which was approved at the Annual General Meeting of\nShareholders (AGMS) on 8 June 2026. The programme remains within its\napproved 12-month period, from 9 June 2026 to 8 June 2027.<\/p>\n<p>As of 19 October 2026, more than Rp3 trillion of the approved buyback\nallocation remained unused.<\/p>\n<p>The planned acceleration is part of Telkom\u2019s capital-allocation\nstrategy to support long-term value creation for shareholders. The\ntiming and amount of purchases will take into account market conditions,\nthe company\u2019s cash position, and operational and investment\nrequirements, in accordance with applicable regulations.<\/p>\n<p>Telkom President Director Nanang Hendarno said the buyback was being\nreviewed with a continued emphasis on capital-allocation discipline,\nreflecting management\u2019s confidence in the company\u2019s sound business\nfundamentals and long-term prospects.<\/p>\n<p>\u201cWe believe Telkom has strong business fundamentals and long-term\ngrowth potential. The buyback is one expression of our confidence in the\ncompany\u2019s value, alongside the transformation of TelkomGroup through the\nTLKM 30 strategy, which is intended to optimise business potential and\nincrease corporate value,\u201d Nanang said in a written statement on Tuesday\n(20 October 2026).<\/p>\n<p>Telkom Finance and Risk Management Director Angelo said the buyback\nwould continue to take account of capital-allocation priorities and the\ncompany\u2019s solid cash-flow capacity.<\/p>\n<p>The programme is funded from the company\u2019s internal cash. Its\nimplementation takes account of liquidity requirements and\ncapital-allocation priorities in order to preserve financial\nflexibility.<\/p>\n<p>\u201cThe buyback is part of a capital-allocation decision that we assess\nin a disciplined manner, taking into account the company\u2019s fundamentals\nand future business prospects. We ensure that every decision on the use\nof capital remains aligned with TelkomGroup\u2019s strategic priorities,\nwhile maintaining the company\u2019s financial health so it can support\nsustainable growth,\u201d Angelo said.<\/p>\n<p>As Telkom transitions towards a Strategic Holding model based on a\nHolding Company-Operating Company (HoldCo-OpCo) structure, it is\ncontinuing to accelerate portfolio realignment and efficiency measures\nto strengthen operational performance. These initiatives are also\nintended to improve EBITDA margins and support sustainable business\ngrowth, laying the foundations for shareholder value creation.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/telkom-ready-to-accelerate-share-buyback-plan-1792468240",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}