Telstra updates on share buy-back progress

Telstra Group Limited announced an update to its on-market share buy-back program on October 8, 2025. The company bought back 3,153,288 ordinary fully paid shares on the previous day, bringing the total securities acquired before that day to 38,636,292. The total consideration paid for the shares on the previous day was AUD 15,103,705.44.

On the previous day, the highest price paid for shares was AUD 4.82, while the lowest price was AUD 4.78. These prices fall within the highest allowed price of AUD 5.09 under listing rule 7.33. Barrenjoey Markets Pty Limited is the broker facilitating the buy-back.

Telstra intends to buy back up to approximately AUD 1 billion worth of its fully paid ordinary shares. The company stated that share acquisitions would occur when deemed beneficial for efficient capital management, reserving the right to suspend or terminate the program at any time. The buy-back commenced on September 9, 2025, and is scheduled to end on June 30, 2026.