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The latest announcement is out from Telstra Corporation Limited ( (AU:TLS) ).
Telstra Group Limited announced the cessation of 35,090,748 ordinary fully paid securities due to an on-market buy-back, effective December 16, 2025. This move is part of Telstra’s capital management strategy, potentially impacting its share value and reflecting its commitment to returning value to shareholders.
The most recent analyst rating on (AU:TLS) stock is a Buy with a A$5.40 price target. To see the full list of analyst forecasts on Telstra Corporation Limited stock, see the AU:TLS Stock Forecast page.
More about Telstra Corporation Limited
Telstra Corporation Limited is a leading telecommunications and technology company in Australia, providing a wide range of services including mobile, internet, and entertainment solutions. It focuses on delivering innovative communication solutions to both individual consumers and businesses, maintaining a strong presence in the Australian market.
Average Trading Volume: 20,735,232
Technical Sentiment Signal: Buy
Current Market Cap: A$54.89B
See more data about TLS stock on TipRanks’ Stock Analysis page.