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Telus ( (TSE:T) ) has issued an announcement.
TELUS announced that its leadership, including President and CEO Darren Entwistle and several board members, acquired 357,090 TELUS shares in the open market over November and December, bringing collective insider holdings to about 2.4 million shares. Entwistle has also been taking his entire salary in TELUS shares since 2024 and intends to continue, underscoring management’s alignment with shareholders and confidence in the company’s long-term value.
The company also disclosed it has repurchased and cancelled nearly 2.3 million common shares at an average price of $17.39 as part of a $500 million normal course issuer bid launched in December 2025, a move it says reflects the disconnect between its share price and underlying business fundamentals. TELUS framed the buybacks as complementary to its deleveraging program and phased reduction of its dividend reinvestment plan, citing strong operations and free cash flow growth that support an accelerated path to lower leverage targets through 2027, which could bolster investor confidence and strengthen its financial position in the telecom sector.
The most recent analyst rating on (TSE:T) stock is a Buy with a C$21.00 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’ overall stock score is driven by stable financial performance and a strong earnings call, highlighting growth in customer base and AI initiatives. However, technical indicators suggest bearish momentum, and high leverage poses financial risks. The attractive dividend yield and strategic corporate events provide positive support.
To see Spark’s full report on TSE:T stock, click here.
More about Telus
TELUS Corporation is a Canadian telecommunications company headquartered in Vancouver, B.C., providing wireless, wireline, and data services to consumers and businesses. The company focuses on delivering connectivity, digital services and technology solutions across Canada, with a strategic emphasis on long-term, sustainable shareholder value creation and disciplined capital allocation.
YTD Price Performance: -0.55%
Average Trading Volume: 7,596,302
Technical Sentiment Signal: Sell
Current Market Cap: C$27.9B
Find detailed analytics on T stock on TipRanks’ Stock Analysis page.