Telstra Corporation Limited ( (AU:TLS) ) just unveiled an update.
Telstra Group Limited has announced an update regarding its ongoing share buy-back program. As of April 7, 2025, the company reported the buy-back of 8,404,874 ordinary fully paid securities on the previous day, adding to a total of 54,277,478 securities bought back prior. This move is part of Telstra’s strategy to manage its capital structure and return value to shareholders, potentially impacting its market positioning and investor relations.
More about Telstra Corporation Limited
Telstra Group Limited is a leading telecommunications and technology company in Australia, providing a wide range of services including mobile and fixed-line telephony, internet, and data services. The company focuses on delivering innovative solutions to both consumer and business markets, maintaining a strong presence in the Australian telecommunications industry.
YTD Price Performance: 20.44%
Average Trading Volume: 2,026
Technical Sentiment Signal: Strong Sell
Current Market Cap: $30.02B
See more data about TLS stock on TipRanks’ Stock Analysis page.