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.