TLK PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA TBK
Price Chart
Executive Summary
Telkom Indonesia's 2025 AGM approved the full net profit distribution as dividends (123.5% payout ratio, totaling Rp22.0 trillion), authorized a share buyback of up to Rp4 trillion, and disclosed ongoing SEC/DOJ investigations into revenue recognition involving approximately $324 million in transactions lacking economic substance — a material litigation and governance risk.
Actionable Insight
The 123.5% payout ratio signals aggressive capital return but is funded partly from retained earnings, not operating cash flow — unsustainable if earnings continue declining. The SEC/DOJ investigation into $324M in revenue recognition cases remains open and could lead to material penalties or restatements. Monitor ex-dividend date (June 18/22, 2026) for price adjustment, and watch for further 6-K filings disclosing investigation developments.
Key Facts
- Total cash dividend approved at Rp21,999,902,180,685 (123.5% payout ratio), including Rp4.19 trillion from retained earnings
- Share buyback authorized up to Rp4,000,000,000,000 maximum amount
- Disclosed SEC/DOJ/Indonesian investigations involving ~USD324 million in revenue recognition transactions lacking economic substance
- Restatement of 2023 and 2024 financial statements audited by EY with unqualified opinion
- Annual revenue declined 2.2% to Rp146.7 trillion and net profit fell 17.1% to Rp17.8 trillion (per cross-filing 20-F)
- Board of Commissioners changes: appointees Edwin Hidayat Abdullah and Anthony Leong
Financial Impact
Dividend of ~$1.4B at current rates; buyback authorization up to ~$260M; revenue declined 2.2% and net profit fell 17.1% YoY
Risk Factors
- SEC/DOJ investigation escalation could result in penalties, reputational damage, or follow-on shareholder litigation
- Revenue and profit declining amid elevated depreciation expense; dividend sustainability weakened
- Indonesian state-ownership share reclassification increases government control, potentially limiting minority shareholder influence
Market Snapshot
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001001807-26-000042 |
| Document: 0001001807-26-000042-index-headers.html | 0001001807-26-000042 |
| Document: 0001001807-26-000042-index.html | 0001001807-26-000042 |
| Document: 0001001807-26-000042.txt | 0001001807-26-000042 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 10, 2026
4d ago
|
6-K
| $15.53 awaiting T+1 | awaiting T+1 | — | $15.86 (+2.16%) |
|
Jun 8, 2026
6d ago
|
6-K
| $14.32 awaiting T+1 | awaiting T+1 | — | $15.86 (+10.79%) |
|
Jun 4, 2026
10d ago
|
6-K
| $16.02 $15.54 | ▼ −3.00% | ▼ −0.40% | $15.86 (−1.00%) |
|
Jun 4, 2026
10d ago
|
6-K
| $16.02 $15.54 | ▼ −3.00% | ▼ −0.40% | $15.86 (−1.00%) |
|
Jun 3, 2026
11d ago
|
6-K
| $15.66 $16.02 | ▲ +2.30% | ▲ +1.90% | $15.86 (+1.28%) |
|
May 29, 2026
16d ago
|
6-K
| $16.42 $16.36 | ▲ +0.37% | ▲ +0.64% | $15.86 (+3.41%) |
|
May 15, 2026
4w ago
|
6-K
| $16.57 $17.32 | ▼ −4.53% | ▼ −4.59% | $15.86 (+4.28%) |
|
May 15, 2026
4w ago
|
20-F
| $16.57 $17.32 | ▼ −4.53% | ▼ −4.59% | $15.86 (+4.28%) |
|
May 12, 2026
4w ago
|
6-K
| $16.92 $16.95 | ▼ −0.18% | ▲ +0.40% | $15.86 (+6.26%) |
|
Apr 14, 2026
8w ago
|
6-K
| $18.42 $18.41 | ▼ −0.05% | ▼ −0.83% | $15.86 (−13.90%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access