GoTo schedules treasury share vote: what it means for GoTo stock

Published on 10/12/2026 at 09:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter 2026 revenue hit IDR 5.65 trillion, up 31.00 percent. GoTo stock stood at IDR 27.00 versus IDR 26.00 low on October 12, 2026.

Key points in brief

GoTo proposed cancelling more than 32 billion treasury shares at its October 14, 2026 meeting.
Second-quarter 2026 net revenue reached IDR 5.65 trillion, up 31.00 percent year over year.
Adjusted fintech EBITDA reached IDR 481.0 billion in the second quarter, up 447.00 percent year over year.
GoTo stock stood at IDR 27.00 on October 12, 2026, versus an IDR 26.00 52-week low.

GoTo, ID1000166903, Illustration mit AI erstellt.

GoTo (ISIN ID1000166903) had proposed cancelling more than 32 billion treasury shares at its October 14, 2026 shareholder meeting, a move equal to 2.70 percent of issued shares. The proposal was published on September 22, 2026, according to GoTo.

Three figures frame the vote

On September 22, 2026, GoTo said the proposed cancellation would permanently reduce its share count and proportionately increase existing shareholders' ownership. The company also disclosed that the Extraordinary General Meeting of Shareholders would take place on October 14, 2026, according to GoTo.

On September 28, 2026, GoTo reported second-quarter 2026 net revenue of IDR 5.65 trillion, up 31.00 percent year over year, and net profit of IDR 252.51 billion. Investortrust.id reported that this marked GoTo's second consecutive profitable quarter.

What does fintech add?

The second operating signal arrived on October 7, 2026. Adjusted fintech EBITDA reached IDR 481.0 billion in the second quarter, up 447.00 percent year over year, while fintech net revenue rose 53.00 percent to IDR 2.07 trillion, according to Investortrust.id. The same report said fintech adjusted EBITDA exceeded the IDR 464.0 billion contribution from On-Demand Services, shifting more attention toward payments and lending.

Stock remains near its yearly low

GoTo stock stood at IDR 27.00 on October 12, 2026 at 2:14 p.m. WIB on the Indonesia Stock Exchange. The quote was IDR 1.00 above the IDR 26.00 52-week low and IDR 46.00 below the IDR 73.00 52-week high, while market capitalization stood at IDR 28.8 trillion.

The October 14 vote is the immediate corporate date. Its significance depends on shareholder approval and the final reduction in shares outstanding, while the second-quarter figures provide a separate operating test for the digital ecosystem.