Telstra expands share buy-back program in November

Telstra Group Limited announced a series of daily updates to its on-market share buy-back program between November 10 and November 14, 2025. The company intends to buy back up to approximately A$1 billion in value of its fully paid ordinary shares, reserving the right to suspend or terminate the program. The buy-back commenced on September 9, 2025, and is scheduled to conclude on June 30, 2026.

On November 10, Telstra acquired 1,480,444 shares for A$7,425,345.66, bringing the cumulative total to 76,711,189 shares. The highest price paid that day was A$5.03. By November 11, an additional 1,765,951 shares were bought for A$8,985,924.94, increasing the total to 78,477,140 shares, with a highest price of A$5.12.

Further acquisitions on November 12 and 13 saw 1,423,228 shares bought for A$7,259,065.44 and 3,497,717 shares for A$17,457,205.71, respectively. This brought the total number of shares bought back to 79,900,368 by November 12 and 83,398,085 by November 13. The highest price on November 12 was A$5.14, and on November 13 was A$5.09. Barrenjoey Markets Pty Limited is the broker facilitating the buy-back for cash consideration.