Telstra continues $1bn share buy-back program

Telstra Group Limited announced an update to its on-market share buy-back program, with the latest notification dated September 11, 2025. On the previous trading day, September 11, 2025, the company bought back 1,927,552 ordinary fully paid shares. The total consideration paid for these shares was AUD 9,503,471.90, with prices ranging from a high of AUD 4.95 to a low of AUD 4.87 on that day. The highest price allowed under listing rule 7.33 was AUD 5.07.

Prior to the previous day's buy-back, Telstra had already repurchased 4,466,614 shares, with a total consideration of AUD 21,590,408.02. The highest price paid before the previous day was AUD 4.89 and the lowest was AUD 4.81. The current buy-back program commenced on September 9, 2025, and is scheduled to conclude on June 30, 2026.

The company intends to buy back up to approximately AUD 1 billion worth of its fully paid ordinary shares, stating that purchases will occur at times and under circumstances deemed beneficial for efficient capital management. Telstra reserves the right to suspend or terminate the buy-back at any time. The total number of ordinary shares currently on issue is 11,385,028,987. Barrenjoey Markets Pty Limited is the broker facilitating the buy-back.