Telstra continues $1bn share buy-back program

Telstra Group Limited announced an update to its on-market share buy-back program on November 21, 2025. The company bought back 1,879,258 ordinary fully paid shares on the previous day, bringing the total number of shares bought back before the previous day to 93,121,708. The consideration paid for the shares on the previous day was AUD 9,153,182.53.

The highest price paid on the previous day was AUD 4.89, while the lowest price paid was AUD 4.84. The highest price allowed under listing rule 7.33 on the previous day was AUD 5.15. The buy-back, which began on September 9, 2025, is scheduled to conclude by June 30, 2026.

Telstra intends to buy back up to approximately AUD 1 billion worth of its fully paid ordinary shares. The company stated it would only buy back shares when considered beneficial for efficient capital management and reserves the right to suspend or terminate the program at any time. Barrenjoey Markets Pty Limited is the broker facilitating the buy-back.