Telstra updates trading policy amidst ongoing share buy-back

Telstra Group Limited (ASX: TLS) has announced an update to its on-market buy-back, reporting 23,821,513 securities bought back before the previous day, and an additional 1,433,257 securities bought back on the previous day. The total consideration paid for these securities was AUD 116,125,819.26000 before the previous day, with an additional AUD 7,013,633.07000 paid on the previous day. Telstra intends to buy back up to approximately $1 billion in value of its fully paid ordinary shares.

Concurrently, Telstra has released an updated Securities Trading Policy, effective from September 19, 2025. This policy applies to all directors, employees, and contractors. Key updates emphasize strict adherence to insider trading prohibitions and a market perception obligation.

Designated persons face additional restrictions, permitted to deal only during specified window periods after notification or approval. The policy also includes hedging prohibitions for designated persons and equity plan participants. Telstra Group Limited has 11,385,028,987 securities on issue in the class of securities to be bought back.