Mergers & Acquisitions ·
Telkom Indonesia announces share buyback at Rp2,290 per share following spin-off dissent
TLKPerusahaan Perseroan Persero PT Telekomunikasi Indonesia Tbk
Following an Extraordinary General Meeting on September 30, 2026, PT Telkom Indonesia announced a share repurchase program for shareholders who voted against the partial spin-off of its Wholesale Fiber Connectivity Business Phase 2 to PT Telkom Infrastruktur Indonesia. Eligible public shareholders may request the company purchase their shares at Rp2,290 per share, based on the closing price on the meeting date. The intention to sell period runs until October 5, 2026, with payment expected within seven business days of regulatory approval for the spin-off's capital increase. This corporate action allows dissenting shareholders to exit their investment at a fair value determined by market pricing at the time of the strategic restructuring decision. PT Telkom Indonesia operates as a leading telecommunications provider in Indonesia.