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Telus ( (TSE:T) ) has issued an announcement.
TELUS Corporation announced the pricing terms for its cash tender offers to purchase two series of its outstanding debt securities. The offers are structured to buy back notes with a total consideration calculated based on specific yields and fixed spreads. The tender offers are set to expire on June 27, 2025, with settlement expected by July 3, 2025, provided all conditions are met. This move is part of TELUS’s strategy to manage its debt portfolio, potentially impacting its financial flexibility and cost of capital.
The most recent analyst rating on (TSE:T) stock is a Buy with a C$25.00 price target. To see the full list of analyst forecasts on Telus stock, see the TSE:T Stock Forecast page.
Spark’s Take on TSE:T Stock
According to Spark, TipRanks’ AI Analyst, TSE:T is a Neutral.
Telus’s overall score reflects strong corporate strategies and solid financial performance, albeit with some caution due to high leverage and valuation concerns. The company’s dividend yield enhances its attractiveness, while strategic events indicate a positive growth trajectory.
To see Spark’s full report on TSE:T stock, click here.
More about Telus
TELUS Corporation is a Canadian telecommunications company that operates in the telecommunications industry. It provides a wide range of telecommunications products and services, including wireless and wireline voice and data services, internet access, and television services. TELUS focuses primarily on the Canadian market, serving both consumer and business segments.
Average Trading Volume: 3,774,821
Technical Sentiment Signal: Buy
Current Market Cap: C$33.15B
For a thorough assessment of T stock, go to TipRanks’ Stock Analysis page.