Telstra Issues Daily Update on Ongoing Share Buy-Back

Telstra Corporation Limited ( (AU:TLS) ) has shared an announcement.

Telstra Group Limited has provided an updated notification to the ASX on its ongoing on-market share buy-back of ordinary fully paid shares. The company reported that, as of 12 March 2026, it had repurchased a cumulative total of 138,864,731 shares before the previous day, with an additional 1,951,316 shares bought back on the previous trading day.

The update, lodged as an amendment to its original August 2025 buy-back notice, reflects the daily progress of Telstra’s capital management program. By steadily reducing the number of shares on issue, the buy-back may enhance earnings per share over time and signals continued deployment of surplus capital, which can influence investor perceptions of value and capital discipline.

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 listed on the ASX under the code TLS. It provides a broad range of communications services, including fixed and mobile connectivity, to consumers, businesses and government customers across Australia and, in some segments, internationally.

Average Trading Volume: 19,329,437

Technical Sentiment Signal: Buy

Current Market Cap: A$57.64B

For an in-depth examination of TLS stock, go to TipRanks’ Overview page.