Telstra Corporation Limited ( (AU:TLS) ) has issued an announcement.
Telstra Corporation Limited has announced an update regarding its ongoing on-market buy-back program. As of April 15, 2025, the company has repurchased a total of 95,431,192 ordinary fully paid securities, including 6,157,171 securities bought back on the previous day. This buy-back initiative is part of Telstra’s strategy to optimize its capital structure and enhance shareholder value.
More about Telstra Corporation Limited
Telstra Corporation Limited is a leading telecommunications and technology company in Australia, providing a wide range of services including mobile, internet, and pay television. The company focuses on delivering cutting-edge communication solutions to both individual consumers and businesses, maintaining a strong presence in the Australian market.
YTD Price Performance: 28.50%
Average Trading Volume: 32,083
Technical Sentiment Signal: Strong Sell
Current Market Cap: $32.16B
For a thorough assessment of TLS stock, go to TipRanks’ Stock Analysis page.