Telstra updates shareholders on ongoing share buy-back progress

Telstra Group Limited has released an update regarding its ongoing on-market share buy-back, initiated on September 9, 2025, and set to conclude on June 30, 2026. As of October 2, 2025, the company had bought back a total of 34,546,975 securities prior to the previous day's activity. On October 2, 2025, an additional 1,783,951 ordinary fully paid shares were bought back.

The total consideration paid for the shares bought back before October 2, 2025, was AUD 168,302,166.29, with the highest price paid at AUD 4.95 on September 11, 2025, and the lowest at AUD 4.81 on September 9, 2025. For the shares acquired on October 2, 2025, the total consideration amounted to AUD 8,658,220.67, with a highest price of AUD 4.89 and a lowest price of AUD 4.84.

Telstra's board has specified that the buy-back intends to acquire fully paid ordinary shares up to approximately AUD 1 billion in value. The company emphasizes that acquisitions will occur when deemed beneficial for efficient capital management and maintains the right to suspend or terminate the program at any time.