INDUSTRY.co.id - Jakarta – PT Telkom Indonesia (Persero) Tbk (Telkom) has held Rapat Umum Pemegang Saham Tahunan (RUPST) Fiscal Year 2025 online, on Monday (8/6). At the meeting, the shareholders approved a number of the Company's agendas, three of which are the use of net income for fiscal year 2025, share repurchase program (buyback), and changes in the Company's management structure to strengthen the leadership structure and support the sustainability of TelkomGroup transformation in 2026.
For the fiscal year 2025, shareholders at the meeting agenda approved the distribution of cash dividends amounting to approximately Rp21.9 trillion. Of this amount, around Rp17.8 trillion is from the total net profit obtained by the Company in 2025. Meanwhile, the remaining around Rp4.2 trillion was the Company's retained earnings the previous year. The dividend payment will be made no later than July 10, 2026. The shareholders who are entitled to receive dividends are the shareholders whose names are registered in the Company's Register of Shareholders at the closing of the Company's share trading on Bursa Efek Indonesia on June 19, 2026.
Telkom President Director Dian Siswarini said that, in taking into account dividend payments, the Company certainly considers various aspects, especially the balance between returns to shareholders and long-term investment needs.
"Despite facing industrial pressure and uncertainty throughout 2025, the Company has succeeded in proving that business fundamentals are maintained and cash flows are also increasing. Thus, the shareholders' decision on the approval of today's dividend reflects the confidence in the transformation and direction of growth that we have built," concluded Dian.
In addition to the distribution of dividends, RUPST also approved the Company's share buyback program plan with a maximum value of Rp4 trillion. Buybacks are made through the Stock Exchange or outside the Stock Exchange, either gradually or all at once and are completed within a twelve-month period after being approved on RUPST, namely from June 9, 2026 to June 8, 2027. This corporate action is carried out as part of the company's strategy to increase shareholder value as well as a strategic step in maintaining the stability of the Company's stock price amid market dynamics.
RUPST also approved changes to the Board of Commissioners' Management Structure to strengthen Telkom's leadership foundation in overseeing and overseeing the transformation agenda and facing the dynamics of the digital industry.
The composition of the Board of Commissioners and the Board of Directors results of RUPST for Fiscal Year 2025 are as follows:
Board of Commissioners
President Commissioner : Angga Raka Prabowo
Independent Commissioner: Deswandhy Agusman
Independent Commissioner: Anthony Leong
Independent Commissioner: Ira Noviarti
Independent Commissioner: Rofikoh Rokhim
Commissioner : Rizal Mallarangeng
Commissioner : Edwin Hidayat Abdullah
Commissioner : Ossy Dermawan
Board of Directors
President Director : Dian Siswarini
Enterprise & Business Service Director: Veranita Yosephine
Director of Human Capital Management : Willy Saelan
Director of Finance & Risk Management: Arthur Angelo Syailendra
Network Director: Nanang Hendarno
Strategic Business Development & Portfolio Director: Seno Soemadji
Director of Wholesale & International Service : Budi Satria Dharma Purba
Director of IT Digital : Faizal R. Djoemadi
Legal & Compliance Director: Andy Kelana
Reaffirm Transformation Acceleration Commitment
Throughout 2025 to the first quarter of 2026, Telkom showed significant progress in executing the TLKM 30 transformation strategy with a focus on four main pillars. In terms of Operational & Service Excellence, the company succeeded in increasing efficiency through the TOTEX program, improving operational cash flow, and implementing the Early Pension and Governance Reset programs.
The Company's efforts in order to realize the transformation resulted in the achievement of performance throughout 2025, which is indicated by the achievement of revenue of Rp146.74 trillion, the achievement of EBITDA of Rp72.24 trillion and the achievement of net income of Rp17.81 trillion, among others. As a follow-up to the total governance reset agenda, the Company accelerated depreciation which had an impact on the contraction of net income. However, the impact is non-cash so that operational business fundamentals are maintained and cash flow remains strong.
On the aspect of Streamlining, Telkom simplifies its business portfolio, including non-core divestments and focuses back on its core telecommunications and digital businesses. A total of six entities have been streamlined, with the AdMedika Group divestment transaction successfully completed on (2/6). On the Unlocking Value side, Telkom has begun monetization of infrastructure assets through asset spin-offs and wholesale fiber connectivity business to InfraNexia with the target of completion in the third quarter as well as reopening strategic data center business partnership initiatives.
Meanwhile, in Shift Modus-operandi, Telkom began to transition to the HoldCo-OpCo model with segment-based reporting to increase transparency and performance accountability. Overall, 2025 will be a foundation year to strengthen business structures and prepare for higher-quality growth going forward, in line with the Company's efforts to create sustainable long-term value and growth for all stakeholders.
"Thedecisions taken in RUPST reflect Telkom's commitment to continuously improve performance and create added value. This year, we are accelerating the execution of the TLKM 30 transformation strategy in a disciplined and measurable manner, and ensuring that every step taken is able to contribute to building a national digital ecosystem that is increasingly advanced, inclusive, and globally competitive," concluded Dian.
