Telstra continues on-market share buy-back program

Telstra Group Limited (ASX:TLS) has updated the market on its ongoing on-market share buy-back, with a notification dated October 29, 2025. The company bought back 2,032,164 ordinary fully paid shares on the previous day, October 29, 2025, at a total cost of AUD 10,029,984.65. The highest price paid for shares on that day was AUD 4.97, and the lowest was AUD 4.92.

Cumulatively, as of the day before the previous day's trading, Telstra had bought back 63,936,127 shares, with a total consideration of AUD 311,106,876.70. The highest price paid for any shares during this period was AUD 4.95 on September 11, 2025, and the lowest was AUD 4.78 on October 8, 2025. Barrenjoey Markets Pty Limited is the designated broker for the buy-back.

The company's proposed buy-back program began on September 9, 2025, and is scheduled to conclude on June 30, 2026. Telstra intends to repurchase up to approximately AUD 1 billion in value of its fully paid ordinary shares, aiming to manage its capital efficiently. The company retains the right to suspend or terminate the buy-back at any time.