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An announcement from Telus ( (TSE:T) ) is now available.
TELUS Corporation announced cash tender offers for eight series of its outstanding senior notes, with a maximum purchase amount of C$600 million. These offers are part of the company’s strategic financial management and may impact its debt structure and liquidity. The tender offers are subject to various conditions, including a financing condition, and provide TELUS with the flexibility to manage its debt portfolio effectively.
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 its solid financial performance and positive corporate events, which are offset by a mixed valuation and stable but not outstanding technical indicators. The company’s strong dividend yield and effective cost management support its attractiveness, while corporate financial strategies provide additional strength.
To see Spark’s full report on TSE:T stock, click here.
More about Telus
TELUS Corporation is a Canadian telecommunications company that provides a wide range of telecommunications products and services including wireless, data, internet protocol (IP), voice, television, entertainment, and video. The company focuses on delivering innovative technology solutions to its customers across Canada.
Average Trading Volume: 3,994,112
Technical Sentiment Signal: Buy
Current Market Cap: C$33.47B
See more insights into T stock on TipRanks’ Stock Analysis page.