Telstra continues $1bn share buy-back program

Telstra Group Limited has confirmed an update to its on-market share buy-back program, with 1,307,007 ordinary fully paid shares bought back on the previous day. This brings the total number of securities bought back before the previous day to 3,159,607.

The consideration paid for shares bought back on the previous day was AUD 6,369,245.77. The highest price paid on the previous day was AUD 4.89000000, and the lowest price paid was AUD 4.81000000, both on September 9, 2025.

The buy-back, managed by Barrenjoey Markets Pty Limited, is part of Telstra's strategy to repurchase up to approximately AUD 1 billion worth of its fully paid ordinary shares. The program commenced on September 9, 2025, and is scheduled to conclude by June 30, 2026. Telstra maintains the right to suspend or terminate the buy-back at any time for efficient capital management.

As of this announcement, Telstra has 11,385,028,987 ordinary fully paid shares on issue in the class of securities being bought back. The company does not intend to buy back a minimum or maximum number of securities, emphasizing flexibility.