Telstra updates market on ongoing share buy-back program

Telstra Group Limited announced on October 24, 2025, an update to its on-market share buy-back program. As of the previous day, October 23, 2025, the company bought back an additional 1,742,437 ordinary fully paid shares. This brings the total number of securities bought back before the previous day to 59,468,234. The total consideration paid for the shares on the previous day was A$8,521,029.84, with the total consideration paid before the previous day being A$289,147,528.79.

The highest price paid for shares on the previous day was A$4.91, while the lowest was A$4.88. For the period leading up to the previous day, the highest price paid was A$4.95 on September 11, 2025, and the lowest price paid was A$4.78 on October 8, 2025. The highest price allowed to be paid on the previous day under listing rule 7.33 was A$5.13.

Telstra intends to buy back up to approximately A$1 billion worth of its fully paid ordinary shares, indicating that the buy-back is focused on value rather than a specific number of shares. The company stated it would only buy back shares when it is considered beneficial for efficient capital management and reserves the right to suspend or terminate the buy-back at any time. The proposed buy-back started on September 9, 2025, and is expected to conclude by June 30, 2026.