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The latest update is out from Telstra Corporation Limited ( (AU:TLS) ).
Telstra Group Limited has continued its on-market share buy-back program for its ordinary fully paid shares, as disclosed in its latest Appendix 3C notice to the ASX. The company reported that it had repurchased a cumulative 166,917,471 shares before the previous trading day and a further 2,539,945 shares on the previous day, reflecting an ongoing capital management initiative that reduces shares on issue and can enhance earnings per share and shareholder value over time.
The update, dated 15 April 2026, forms part of Telstra’s regular daily buy-back notifications under a program first announced in August 2025. By steadily buying back stock on-market, Telstra is signalling confidence in its balance sheet and future cash generation, potentially improving capital efficiency while providing liquidity support for the share price in the Australian telecommunications sector.
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 provider listed on the ASX under the code TLS. It offers a broad range of communications services, including fixed and mobile connectivity, and plays a central role in the national telecoms infrastructure and services market.
Average Trading Volume: 21,418,813
Technical Sentiment Signal: Buy
Current Market Cap: A$61.02B
For an in-depth examination of TLS stock, go to TipRanks’ Overview page.