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An announcement from Telstra Corporation Limited ( (AU:TLS) ) is now available.
Telstra Group Limited has announced an update regarding its ongoing share buy-back program, with a total of 1,394,368 ordinary fully paid securities bought back on the previous day. This move is part of a broader strategy to manage the company’s capital structure and return value to shareholders, reflecting Telstra’s commitment to optimizing its financial operations and enhancing shareholder returns.
The most recent analyst rating on (AU:TLS) stock is a Hold with a A$4.80 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 operates in the telecommunications industry, providing a range of services including mobile, internet, and other communication solutions. The company is a major player in the Australian market, focusing on delivering connectivity and technology solutions to both individual consumers and businesses.
Average Trading Volume: 21,863,187
Technical Sentiment Signal: Buy
Current Market Cap: A$55.61B
Find detailed analytics on TLS stock on TipRanks’ Stock Analysis page.