Investor Concerns Send Telkom Indonesia Shares Tumbling 14,86%
Shares of PT Telkom Indonesia (Persero) Tbk (TLKM) tumbled 14.86% on Monday, June 9, 2026, hitting the Auto Reject Lower (ARB) limit as investors reacted to uncertainty surrounding the company’s annual shareholder meeting, dividend decisions, and concerns linked to a major procurement case. Despite the sell-off, analysts note that Telkom continues to maintain solid financial performance and is preparing a Rp4 trillion share buyback program.
