Telstra continues $1 billion share buy-back program

Telstra Group Limited announced an update to its on-market buy-back program on October 17, 2025. The company bought back 1,535,546 ordinary fully paid shares on the previous day for a total consideration of AUD 7,447,538.03. Before this, Telstra had already bought back 51,254,191 shares. The buy-back is being conducted by Barrenjoey Markets Pty Limited.

The prices paid for shares on the previous day ranged from a high of AUD 4.87000000 to a low of AUD 4.83000000. For comparison, before the previous day, the highest price paid was AUD 4.95000000 on September 11, 2025, and the lowest price was AUD 4.78000000 on October 8, 2025. The highest price allowed to be paid on the previous day under listing rule 7.33 was AUD 5.06000000.

Telstra intends to buy back up to approximately AUD 1 billion worth of its fully paid ordinary shares, indicating a strategic approach to enhance capital management efficiency. The proposed buy-back started on September 9, 2025, and is scheduled to conclude on June 30, 2026. The company retains the right to suspend or terminate the buy-back at any time.