Telstra continues $1bn share buy-back program

Telstra Group Limited reported an update on its on-market buy-back program as of November 20, 2025. The company bought back 1,621,534 ordinary fully paid shares on November 20, 2025, for a total consideration of $7,924,157.74. Before this, Telstra had repurchased a total of 91,500,174 shares. The highest price paid on the previous day was $4.91, and the lowest price was $4.87.

The highest price allowed to be paid by Telstra under listing rule 7.33 on the previous day was $5.18. The buy-back, facilitated by Barrenjoey Markets Pty Limited, commenced on September 9, 2025, and is scheduled to conclude by June 30, 2026.

Telstra aims to buy back up to approximately $1bn worth of its fully paid ordinary shares. The company stated that share repurchases would occur only when considered beneficial for efficient capital management, reserving the right to suspend or terminate the program at any time. The total number of securities on issue in the class subject to the buy-back is 11,385,028,987.