Telstra continues $1bn share buy-back, repurchases 2.4m shares

Telstra Group Limited announced an update to its on-market share buy-back program on December 8, 2025. The company bought back 2,421,191 ordinary fully paid shares on the previous day, December 8, 2025, bringing the total number of shares bought back before the previous day to 116,522,638. The total consideration paid on the previous day for these shares was AUD 11,995,543.09.

The highest price paid per share on the previous day was AUD 4.98, while the lowest price paid was AUD 4.90. Telstra's buy-back program, which began on September 9, 2025, is scheduled to conclude on June 30, 2026. The company intends to repurchase up to approximately AUD 1 billion worth of its shares, rather than a specific number, at times beneficial for efficient capital management, reserving the right to suspend or terminate the program.

Barrenjoey Markets Pty Limited is the broker facilitating the buy-back on Telstra's behalf. The highest price allowed to be paid by Telstra on the previous day under listing rule 7.33 was AUD 5.13.