tiprankstipranks

Telstra Updates on Ongoing Share Buy-Back Program

Story Highlights
Telstra Updates on Ongoing Share Buy-Back Program

Telstra Corporation Limited ( (AU:TLS) ) has shared an announcement.

Telstra Group Limited has announced an update regarding its ongoing on-market buy-back program, with a total of 2,555,595 ordinary fully paid securities bought back on the previous day. This buy-back initiative, which began on February 20, 2025, reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value.

More about Telstra Corporation Limited

Telstra Corporation Limited operates in the telecommunications industry, providing a range of services including mobile, internet, and pay television services. It is a major player in the Australian market, focusing on delivering connectivity solutions to both individual consumers and businesses.

YTD Price Performance: 26.64%

Average Trading Volume: 1,676

Technical Sentiment Signal: Strong Sell

Current Market Cap: $30.17B

See more insights into TLS stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App