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An update from Telstra Corporation Limited ( (AU:TLS) ) is now available.
Telstra Group Limited has provided an updated notification to the ASX on its ongoing on-market share buy-back, covering ordinary fully paid shares under code TLS. The company reported that a total of 189,204,687 shares had been repurchased prior to the latest trading day, with an additional 1,620,114 shares bought back on the previous day as part of its continuing capital management program.
The daily disclosure, which follows the initial buy-back notification lodged in August 2025, confirms the program remains active and is being executed through on-market transactions. This ongoing reduction in shares on issue can enhance earnings per share and capital efficiency, signalling management’s confidence in the business and potentially supporting shareholder value over time.
The most recent analyst rating on (AU:TLS) stock is a Hold with a A$4.60 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 provider listed on the ASX under the code TLS. The company offers a broad range of communications services, including fixed and mobile connectivity, and plays a central role in Australia’s telecoms and digital infrastructure markets.
Average Trading Volume: 22,238,250
Technical Sentiment Signal: Buy
Current Market Cap: A$59.9B
Learn more about TLS stock on TipRanks’ Stock Analysis page.