Mar 26, 2011

Telkom & story of shares buyback

Indonesia's largest telecommunication operator PT Telekomunikasi Indonesia Tbk (Telkom) is estimated to book net profit of Rp11.4 trillion last year, a slight increase from Rp11.3 trillion in the previous year.
During a month ago, Telkom dropped to the lowest level at Rp6,600 per share. But, the stocks have rebounded to Rp7.150 on last Friday.
Will Telkom propose a buyback program in the next shareholders' meeting and how much money it will spend for the buyback?  Please login or register to read the remaining story. 

Disclosure: No position at the stock mentioned above.

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