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Telstra Updates Market on Progress of Ongoing On-Market Share Buy-Back

Story Highlights
  • Telstra has issued an updated ASX notice on its ongoing on-market buy-back of ordinary shares.
  • The telco has now repurchased over 150 million shares, including 2.2 million shares in the latest trading day.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Telstra Updates Market on Progress of Ongoing On-Market Share Buy-Back

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Telstra Corporation Limited ( (AU:TLS) ) just unveiled an announcement.

Telstra Group Limited has provided an updated notification to the ASX regarding its on-market share buy-back program for its ordinary fully paid shares under the code TLS. The company reported that, as of the latest daily update dated 25 March 2026, it has repurchased a cumulative total of 150,339,027 shares prior to the previous day.

In the most recent trading day covered by the update, Telstra bought back an additional 2,203,346 shares on market as part of the ongoing program first notified on 14 August 2025. The continued execution of this daily buy-back suggests Telstra is actively returning capital to shareholders and may be seeking to enhance earnings per share and optimise its capital structure over time.

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 communications services and related connectivity solutions to consumers, businesses and government, with a primary focus on the Australian market.

Average Trading Volume: 20,116,129

Technical Sentiment Signal: Buy

Current Market Cap: A$60B

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

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