Telstra continues $1bn share buy-back program

Telstra Group Limited announced an update to its on-market buy-back program, revealing the acquisition of 6,316,250 additional ordinary fully paid shares on September 19, 2025. This activity brings the total number of shares bought back before that day to 15,079,779, with a total consideration of A$73,791,414.09 paid for these shares. The company’s buy-back program is expected to conclude by June 30, 2026.

The shares bought back on September 19, 2025, incurred a total consideration of A$30,537,137.24. The highest price paid for shares on that day was A$4.88, while the lowest was A$4.83. Telstra's highest price allowed under listing rule 7.33 on that day was A$5.16.

Telstra intends to repurchase approximately A$1 billion worth of its fully paid ordinary shares, without a specific target number of shares. The company stated that the timing and circumstances of the buy-back are determined based on their benefit to efficient capital management, reserving the right to suspend or terminate the program at any time.