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An announcement from Telstra Corporation Limited ( (AU:TLS) ) is now available.
Telstra Group Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back of ordinary fully paid shares. The program, initially notified in August 2025, reflects the company’s active capital management strategy and ongoing reduction of its listed share count.
The latest filing shows that a total of 144,931,554 shares had been repurchased before the previous trading day, with a further 2,891,863 shares bought back on the preceding day. This continued execution of the buy-back may support earnings per share over time and signals confidence in Telstra’s balance sheet and long-term value to shareholders.
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 fixed and mobile network services, data and internet connectivity, and related communications solutions to consumers, businesses, and government customers in Australia and selected international markets.
Average Trading Volume: 19,153,014
Technical Sentiment Signal: Buy
Current Market Cap: A$59.55B
For an in-depth examination of TLS stock, go to TipRanks’ Overview page.