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 May 2, 2025, the company has repurchased a total of 134,488,283 ordinary fully paid securities, with 438,772 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 Group 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.
YTD Price Performance: 34.44%
Average Trading Volume: 30,358
Technical Sentiment Signal: Sell
Current Market Cap: $33.19B
For detailed information about TLS stock, go to TipRanks’ Stock Analysis page.