Indonesian Political, Business & Finance News

Telkom to Distribute Rp21.9 Trillion Dividend by 10 July 2026 at the Latest

| | Source: MEDIA_INDONESIA Translated from Indonesian | Business
Telkom to Distribute Rp21.9 Trillion Dividend by 10 July 2026 at the Latest
Image: MEDIA_INDONESIA

PT Telkom Indonesia (Persero) Tbk is set to distribute a cash dividend of Rp21.9 trillion to its shareholders following a period of robust financial performance throughout 2025. This decision was a key outcome of the 2025 Annual General Meeting of Shareholders (AGMS), which also approved a share buyback programme of up to Rp4 trillion and maintained the current composition of the company’s Board of Directors.

During the meeting held virtually on Monday (8/6), shareholders approved the dividend distribution, which is sourced from a net profit of Rp17.8 trillion for the 2025 fiscal year, supplemented by an additional Rp4.2 trillion from retained earnings from previous years. The dividend payment is scheduled to be completed no later than 10 July 2026 for shareholders recorded in the list of shareholders at the close of trading on the Indonesia Stock Exchange on 19 June 2026.

President Director of Telkom, Dian Siswarini, stated that the dividend policy considers the balance between providing returns to shareholders and the company’s long-term investment needs. According to Dian, the decision reflects shareholder confidence in the business transformation currently being undertaken by the company.

In addition to the dividend approval, the AGMS also authorised a share buyback programme with a maximum value of Rp4 trillion. This programme may be implemented either gradually or in a single instalment between 9 June 2026 and 8 June 2027. The buyback move is intended to increase shareholder value and maintain share price stability amidst market dynamics.

Throughout 2025, Telkom recorded revenue of Rp146.74 trillion, with EBITDA reaching Rp72.24 trillion and a net profit of Rp17.81 trillion. The company noted that pressures on net profit were primarily influenced by accelerated depreciation related to the non-cash ‘total governance reset’ programme, which does not affect the strength of operational cash flows.

Simultaneously, the company is continuing its business transformation through portfolio simplification by divesting six non-core entities, including the completion of the AdMedika Group divestment in early June 2026. Telkom is also preparing to spin off assets and the wholesale fibre connectivity business into InfraNexia, targeted for completion in the third quarter of 2026, while continuing to explore strategic partnerships in the data centre business. The company has also begun implementing the HoldCo–OpCo model and segment-based reporting to enhance transparency and performance accountability.

“This year, we are accelerating the execution of our TLKM 30 transformation strategy in a disciplined and measurable manner. Every step taken is aimed at building a national digital ecosystem that is increasingly advanced, inclusive, and globally competitive,” said Dian.

The AGMS also approved changes to the Board of Commissioners. Angga Raka Prabowo has been appointed as President Commissioner, alongside a new lineup of commissioners and independent commissioners to strengthen the company’s supervisory function. Meanwhile, the composition of Telkom’s Board of Directors remains unchanged, with Dian Siswarini continuing as President Director to lead the ongoing transformation agenda.

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