Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
An update from Telstra Corporation Limited ( (AU:TLS) ) is now available.
Telstra Group Limited has cancelled 24,967,285 ordinary fully paid shares following completion of an on-market share buy-back, effective 19 May 2026. The reduction in issued capital may enhance earnings per share and reflects ongoing capital management, with implications for shareholder value and the company’s balance sheet structure.
The most recent analyst rating on (AU:TLS) stock is a Hold with a A$4.60 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 major Australian telecommunications company listed on the ASX under the code TLS. It provides a broad range of communications and technology services including mobile, fixed-line, and broadband offerings to consumer, business, and enterprise customers across Australia and selected international markets.
Average Trading Volume: 22,076,072
Technical Sentiment Signal: Buy
Current Market Cap: A$61.32B
See more insights into TLS stock on TipRanks’ Stock Analysis page.