Telstra continues $1 billion share buy-back program

Telstra Group Limited announced a series of daily buy-back notifications in November 2025, detailing its ongoing on-market share buy-back program. As of November 24, 2025, the company reported buying back 4,328,633 ordinary fully paid shares on the previous day, bringing the total number of shares bought back before November 24 to 95,000,966. The total consideration paid for shares bought back on November 24 was AUD 21,424,601.40, with the highest price paid at AUD 4.96 and the lowest at AUD 4.89.

Earlier in November, specifically on November 17, 2025, Telstra reported a buy-back of 1,098,993 shares on the previous day, with a total of 85,281,809 shares bought back before that date. The corresponding consideration was AUD 5,409,651.75. Subsequent filings on November 18, 19, 20, and 21, 2025, showed daily buy-backs of 2,500,356, 2,619,016, 1,621,534, and 1,879,258 shares, respectively, with total shares bought back before each respective previous day reaching 86,380,802, 88,881,158, 91,500,174, and 93,121,708.

The proposed buy-back, which commenced on September 9, 2025, is scheduled to conclude on June 30, 2026. Telstra aims to repurchase up to approximately AUD 1 billion worth of its fully paid ordinary shares. The company retains the right to suspend or terminate the buy-back at any time, emphasizing its strategic use for efficient capital management. Barrenjoey Markets Pty Limited is the broker facilitating these transactions.