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PT Telekomunikasi Indonesia Tbk Announces Share Buyback Following Spin-Off Approval

Story Highlights
  • PT Telekomunikasi Indonesia Tbk plans a partial spin-off of its Wholesale Fiber Connectivity Business.
  • The company will buy back shares from dissenting shareholders to comply with legal requirements.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
PT Telekomunikasi Indonesia Tbk Announces Share Buyback Following Spin-Off Approval

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PT Telekomunikasi Indonesia Tbk ( (TLK) ) has shared an announcement.

On December 12, 2025, PT Telekomunikasi Indonesia Tbk held an Extraordinary General Meeting of Shareholders (EGMS) to approve a partial spin-off of its Wholesale Fiber Connectivity Business and assets to its subsidiary, PT Telkom Infrastruktur Indonesia. This move is part of a broader strategy to transfer the entire wholesale fiber business to the subsidiary. In compliance with Indonesian Company Law, the company plans to buy back shares from shareholders who opposed the spin-off, ensuring their rights are respected. The buyback will be conducted at the average closing price on the Indonesia Stock Exchange over the 90 days preceding the announcement. This strategic restructuring aims to optimize the company’s operations and enhance its market positioning.

The most recent analyst rating on (TLK) stock is a Buy with a $23.50 price target. To see the full list of analyst forecasts on PT Telekomunikasi Indonesia Tbk stock, see the TLK Stock Forecast page.

Spark’s Take on TLK Stock

According to Spark, TipRanks’ AI Analyst, TLK is a Outperform.

The overall stock score of 75 reflects strong financial performance and technical indicators. The company’s robust cash flow and profitability are significant strengths, while the technical analysis indicates a positive market trend. The valuation is reasonable, with an attractive dividend yield. However, the decline in revenue growth is a concern that could impact long-term performance.

To see Spark’s full report on TLK stock, click here.

More about PT Telekomunikasi Indonesia Tbk

PT Telekomunikasi Indonesia Tbk is a state-owned telecommunications company based in Indonesia, primarily engaged in providing a wide range of telecommunication services. The company focuses on delivering connectivity solutions, including wholesale fiber connectivity, to meet the growing demands of the telecommunications market.

Average Trading Volume: 475,830

Technical Sentiment Signal: Buy

Current Market Cap: $21.1B

Find detailed analytics on TLK stock on TipRanks’ Stock Analysis page.

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