Indonesian Political, Business & Finance News

Telkom AGM Approves Rp21.9 Trillion Dividend and Rp4 Trillion Share Buyback

| Source: ANTARA_ID Translated from Indonesian | Business
Telkom AGM Approves Rp21.9 Trillion Dividend and Rp4 Trillion Share Buyback
Image: ANTARA_ID

PT Telkom Indonesia Tbk (TLKM) has, during its Annual General Meeting of Shareholders (AGM), approved a cash dividend distribution amounting to Rp21.9 trillion for the 2025 fiscal year. Additionally, shareholders approved a share buyback programme with a maximum value of Rp4 trillion.

“In calculating the dividend payment, the company considers various aspects, primarily the balance between returns to shareholders and long-term investment requirements,” stated Telkom President Director Dian Siswarini in an official statement in Jakarta on Monday.

Despite facing industry pressures and uncertainty throughout 2025, Dian noted that the company has successfully demonstrated that its business fundamentals remain intact and its cash flow is strengthening. “Therefore, the shareholders’ decision to approve the dividend today reflects confidence in the transformation and growth direction we are building,” she added.

Of the Rp21.9 trillion cash dividend, Rp17.8 trillion represents the total net profit for the 2025 fiscal year, while the remaining Rp4.2 trillion is sourced from retained earnings from the previous year. The dividend payment will be completed no later than 10 July 2026, with eligibility determined by shareholders recorded in the Register of Shareholders at the close of trading on the Indonesia Stock Exchange (IDX) on 19 June 2026.

Regarding the share buyback, the process will be conducted both through and outside the Stock Exchange, either gradually or in a single transaction, to be completed within twelve months of the AGM approval, spanning from 9 June 2026 to 8 June 2027. “This corporate action is part of the company’s strategy to enhance shareholder value and serves as a strategic step to maintain share price stability amidst market dynamics,” Dian explained.

As part of its transformation efforts, the company reported 2025 performance metrics including revenue of Rp146.74 trillion, EBITDA of Rp72.24 trillion, and net income of Rp17.81 trillion. Following a total governance reset, the company accelerated depreciation, which impacted net income; however, as this is a non-cash impact, operational fundamentals and cash flow remain robust.

Dian emphasised that the decisions made during the AGM reflect the company’s commitment to improving performance and creating added value. “This year, we are accelerating the execution of the TLKM 30 transformation strategy in a disciplined and measurable manner, ensuring every step contributes to building a national digital ecosystem that is advanced, inclusive, and globally competitive,” she concluded.

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