Telstra continues $1bn share buy-back, acquires 1.6m shares

Telstra Group Limited announced an update to its on-market share buy-back, with the latest notification dated October 2, 2025. The company bought back 1,691,781 ordinary fully paid shares on the previous day for a total consideration of AUD 8,222,873.55. This brings the total number of shares bought back before the previous day to 32,855,194, with a total consideration of AUD 160,079,292.74.

The highest price paid for shares on the previous day was AUD 4.88, while the lowest price was AUD 4.83. The highest price allowed under listing rule 7.33 on the previous day was AUD 5.10. Barrenjoey Markets Pty Limited is the broker facilitating the buy-back on behalf of Telstra.

The buy-back program, which commenced on September 9, 2025, and is proposed to end on June 30, 2026, aims to repurchase up to approximately AUD 1 billion worth of fully paid ordinary shares. Telstra stated that it will conduct buy-backs strategically to align with efficient capital management and reserves the right to suspend or terminate the program at any time.