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An update from Telstra Corporation Limited ( (AU:TLS) ) is now available.
Telstra Group Limited has announced an update regarding its ongoing on-market buy-back program. As of April 8, 2025, the company has repurchased a total of 67,800,056 ordinary fully paid securities, with 5,117,704 bought back on the previous day. This buy-back initiative is part of Telstra’s strategy to optimize its capital structure and deliver value to its shareholders.
More about Telstra Corporation Limited
Telstra Corporation Limited operates in the telecommunications industry, providing a wide range of services including mobile, internet, and pay television. It is a leading player in the Australian market, focusing on delivering connectivity and digital solutions to consumers and businesses.
YTD Price Performance: 26.64%
Average Trading Volume: 2,062
Technical Sentiment Signal: Strong Sell
Current Market Cap: $30.05B
For a thorough assessment of TLS stock, go to TipRanks’ Stock Analysis page.