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Telstra Updates on Share Buy-Back Progress

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Telstra Updates on Share Buy-Back Progress

Confident Investing Starts Here:

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.

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