Telstra Corporation Limited ( (AU:TLS) ) has provided an update.
Telstra Group Limited has announced an update regarding its ongoing on-market buy-back program. As of April 3, 2025, the company has repurchased a total of 51,931,712 ordinary fully paid securities, including 1,839,221 securities bought back on the previous day. This buy-back initiative is part of Telstra’s strategy to manage its capital structure and potentially enhance shareholder value.
More about Telstra Corporation Limited
Telstra Group Limited operates in the telecommunications industry, providing a range of services including mobile, internet, and other communication services primarily in Australia. The company is a major player in the market, focusing on delivering connectivity solutions to both individual and business customers.
YTD Price Performance: 26.64%
Average Trading Volume: 1,924
Technical Sentiment Signal: Strong Sell
Current Market Cap: $30.91B
For detailed information about TLS stock, go to TipRanks’ Stock Analysis page.