Telstra updates market on share buy-back progress

Telstra Group Limited announced an update to its on-market buy-back notification, dated October 7, 2025. The company confirmed that a total of 2,305,366 ordinary fully paid shares were bought back on the previous day, October 7, 2025. The total consideration paid for these shares was AUD 11,135,822.51, with the highest price paid being AUD 4.84 and the lowest price being AUD 4.82. The highest price allowed to be paid under listing rule 7.33 was AUD 5.09.

Prior to this latest buy-back, Telstra had already repurchased 36,330,926 shares, with a total consideration of AUD 176,960,386.96. The buy-back, which commenced on September 9, 2025, is scheduled to conclude on June 30, 2026. Telstra intends to buy back up to approximately AUD 1 bn worth of its fully paid ordinary shares.

The company stated it would only buy back shares when considered beneficial for efficient capital management and reserves the right to suspend or terminate the program at any time. Barrenjoey Markets Pty Limited is the broker facilitating the buy-back.