Telstra continues $1bn share buy-back, updates on recent activity

Telstra Group Limited has provided an update on its on-market share buy-back program, revealing that a total of 1,765,856 ordinary fully paid securities were bought back on December 2, 2025. This latest activity contributes to a cumulative total of 111,202,868 securities bought back before that date. The total consideration paid for the shares bought back on December 2 was $8,679,869.76.

The highest price paid for shares on December 2 was $4.96, while the lowest price paid was $4.90. This follows a previous highest price paid of $5.14 on November 12, 2025, and a previous lowest price of $4.78 on October 8, 2025. The highest price allowed to be paid under listing rule 7.33 on December 2 was $5.14.

Telstra initiated this buy-back on August 14, 2025, with the proposed start date for the on-market buy-back being September 9, 2025, and a proposed end date of June 30, 2026. The company intends to buy back up to approximately $1bn in value of its fully paid ordinary shares, reserving the right to suspend or terminate the buy-back at any time.