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Telstra Corporation Limited ( (AU:TLS) ) has shared an update.
Telstra Group Limited announced the cessation of 34,471,311 ordinary fully paid securities as part of an on-market buy-back, effective June 23, 2025. This move is part of Telstra’s capital management strategy, potentially impacting its share value and signaling confidence in its financial position to stakeholders.
The most recent analyst rating on (AU:TLS) stock is a Buy with a A$4.40 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 Group Limited is a leading telecommunications and technology company in Australia, offering a wide range of services including mobile, broadband, and fixed line services. The company is focused on providing innovative communication solutions and enhancing digital connectivity for its customers.
Average Trading Volume: 31,876,963
Technical Sentiment Signal: Buy
Current Market Cap: A$55.74B
Find detailed analytics on TLS stock on TipRanks’ Stock Analysis page.