Medco plans US$30 million interim dividend
The payment is due by 2 December 2026, with shareholder eligibility determined on 12 November.
Indonesia’s PT Medco Energi Internasional Tbk. (MEDC) plans to distribute an interim dividend of US$30 million before the end of its 2026 financial year, according to a disclosure to the Indonesia Stock Exchange dated 2 November 2026.
Management said the board of commissioners and board of directors had approved the distribution through a circular resolution on 29 October 2026. Shareholders must appear on the company’s register by 16.00 WIB on 12 November 2026 to qualify.
Treasury shares held by Medco following share buybacks will not qualify for the dividend, management said, citing Article 40(2) of Indonesia’s company law. The company’s timetable sets out the following dates:
- Regular and negotiated markets: cum-dividend on 10 November 2026; ex-dividend on 11 November 2026.
- Cash market: cum-dividend on 12 November 2026; ex-dividend on 13 November 2026.
- Shareholder record date: 12 November 2026.
- Announcement of the US dollar-to-rupiah exchange rate: 13 November 2026.
- Interim dividend payment: no later than 2 December 2026.
