Telstra continues share buy-back, cancels 32m shares

Telstra Group Limited reported an update on its daily buy-back notification, with 1,255,507 ordinary fully paid shares bought back on the previous day, November 27, 2025. This brings the total number of securities bought back before the previous day to 104,107,585 shares. The total consideration paid for the shares bought back on the previous day was AUD 6,167,775.19, with the highest price paid at AUD 4.93 and the lowest at AUD 4.89.

Additionally, Telstra announced the cessation of 32,671,973 ordinary fully paid shares on November 25, 2025, due to cancellation pursuant to an on-market buy-back. The total consideration paid for these ceased securities was AUD 161,400,882.63. These shares were bought back between October 28, 2025, and November 21, 2025. Following these cessations, the total number of ordinary fully paid shares on issue is 11,290,028,021.

Telstra's on-market buy-back commenced on September 9, 2025, and is proposed to end on June 30, 2026. The company intends to buy back up to approximately AUD 1 billion in value of its fully paid ordinary shares, reserving the right to suspend or terminate the buy-back at any time based on efficient capital management considerations. Barrenjoey Markets Pty Limited is the broker facilitating these transactions.