Telstra Corporation Limited ( (AU:TLS) ) has issued an update.
Telstra Group Limited has announced an update regarding its ongoing on-market buy-back of ordinary fully paid securities. As of April 10, 2025, the company has bought back a total of 73,923,427 securities, with an additional 3,562,420 securities purchased on the previous day. This buy-back initiative is part of Telstra’s strategy to manage its capital structure and potentially 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. It focuses on delivering connectivity solutions to both consumer and business markets, positioning itself as a key player in the Australian telecommunications industry.
YTD Price Performance: 15.42%
Average Trading Volume: 34,173
Technical Sentiment Signal: Strong Sell
Current Market Cap: $30.54B
Learn more about TLS stock on TipRanks’ Stock Analysis page.