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Telstra Corporation Limited ( (AU:TLS) ) just unveiled an update.
Telstra Group Limited has provided an updated notification to the ASX regarding its on-market share buy-back program for ordinary fully paid shares, traded under the ticker TLS. The update records cumulative buy-backs of 149,200,241 shares prior to the latest trading day, with an additional 1,138,786 shares bought back on the previous day.
The ongoing daily on-market buy-back, first notified in August 2025 and now updated as at 24 March 2026, indicates Telstra’s continued effort to return capital to shareholders and manage its capital structure. The scale of the repurchases may support earnings per share and signal management’s confidence in the company’s valuation, with implications for existing investors and overall share liquidity.
The most recent analyst rating on (AU:TLS) stock is a Buy with a A$6.00 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 wide range of communications services, including fixed and mobile connectivity, to consumers, businesses and government, and is a key infrastructure and network provider in the Australian market.
Average Trading Volume: 20,049,893
Technical Sentiment Signal: Buy
Current Market Cap: A$59.55B
Learn more about TLS stock on TipRanks’ Stock Analysis page.