Telstra Corporation Limited ( (AU:TLS) ) has issued an announcement.
Telstra Group Limited has announced an update on its ongoing share buy-back program, with a total of 6,123,371 ordinary fully paid securities bought back on the previous day, adding to the 67,800,056 securities already bought back. This buy-back initiative is part of Telstra’s strategy to optimize its capital structure and potentially enhance shareholder value, reflecting its commitment to returning capital to shareholders.
More about Telstra Corporation Limited
Telstra Group Limited is a leading telecommunications and technology company in Australia, providing a wide range of services including mobile, broadband, and fixed-line services. It focuses on delivering innovative communication solutions to both individual consumers and businesses, maintaining a strong presence in the Australian market.
YTD Price Performance: 22.66%
Average Trading Volume: 2,062
Technical Sentiment Signal: Strong Sell
Current Market Cap: $29.67B
See more data about TLS stock on TipRanks’ Stock Analysis page.