Telstra discloses internal reshuffle of director Craig Dunn’s shareholdings

Telstra Corporation Limited ( (AU:TLS) ) has issued an update.

Telstra Group Limited has lodged a Change of Director’s Interest Notice with the ASX relating to non-executive director Craig Dunn, in line with its disclosure obligations under listing rule 3.19A.2. The filing confirms that the change involves an internal off-market transfer of shares between Dunn’s indirect holdings, with no change to his overall number of Telstra shares.

According to the notice, 12,152 ordinary shares were transferred from Wiolga Pty Ltd as trustee for The Freckle Family Trust to Amiala Pty Ltd as trustee for the Dunn Family Super Fund as part of portfolio rebalancing. Telstra states that Dunn’s total direct and indirect interests remain at 700 directly held shares and 136,200 indirectly held shares, indicating no dilution or increase in his economic exposure to the company.

The most recent analyst rating on (AU:TLS) stock is a Hold with a A$4.95 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 that provides fixed-line, mobile and data services to consumers, businesses and government customers. Listed on the ASX under the ticker TLS, it plays a central role in Australia’s communications infrastructure and digital connectivity markets.

Average Trading Volume: 19,422,506

Technical Sentiment Signal: Buy

Current Market Cap: A$58.87B

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