MTEL – Will buyback shares worth IDR1.5 tn

Dayamitra Telekomunikasi (MTEL) buyback plan is a maximum of 7.8% of the total shares. The plan aims to be resold in the future at an optimal price and give investors confidence in MTEL's fundamentals. Previously, MTEL recorded an increase in net profit in 2022 worth IDR1.78 tn, an increase of 29.25% compared to 2021 of IDR1.38 tn. (Source : Investor Daily)