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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. As of June 11, 2025, the company has repurchased a total of 153,259,061 of its ordinary fully paid shares, with 4,138,494 shares bought back on the previous day. This buy-back initiative is part of Telstra’s strategy to optimize its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:TLS) stock is a Buy with a A$4.40 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 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 innovative communication solutions and has a significant presence in the Australian market.
Average Trading Volume: 32,180,395
Technical Sentiment Signal: Buy
Current Market Cap: A$55.29B
For an in-depth examination of TLS stock, go to TipRanks’ Stock Analysis page.