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Telstra Corporation Limited ( (AU:TLS) ) has issued an update.
Telstra Corporation Limited announced an issuer substitution, where Telstra Group Limited will replace it as the issuer of certain fixed rate notes quoted on the ASX Wholesale Loan Securities Market. This change, effective from 30 April 2025, involves a change in ASX codes for the notes and signifies a strategic move in Telstra’s financial structuring, potentially impacting its market positioning and stakeholder interests.
More about Telstra Corporation Limited
Telstra Corporation Limited is a prominent player in the telecommunications industry, offering a range of services including fixed and mobile network services, broadband internet, and digital television. The company focuses on delivering innovative communication solutions and has a significant presence in the Australian market.
YTD Price Performance: 21.03%
Average Trading Volume: 32,203
Technical Sentiment Signal: Strong Sell
Current Market Cap: $33.07B
For detailed information about TLS stock, go to TipRanks’ Stock Analysis page.