Telstra updates market on share buy-back program

Telstra Group Limited has updated the market on its on-market share buy-back program, revealing an additional 2,401,863 ordinary fully paid shares were bought back on December 12, 2025. This brings the total number of shares bought back before the previous day to 127,689,851. The total consideration paid for the shares on the previous day was AUD 11,725,900.04, with a total consideration paid before that day of AUD 625,228,142.84.

The buy-back on December 12, 2025, saw shares acquired at a highest price of AUD 4.92 and a lowest price of AUD 4.87. For context, the highest price paid previously was AUD 5.14 on November 12, 2025, and the lowest price paid previously was AUD 4.78 on October 8, 2025. The highest price allowed to be paid on the previous day under listing rule 7.33 was AUD 5.15.

Telstra’s buy-back program, which began on September 9, 2025, and is scheduled to conclude on June 30, 2026, aims to repurchase up to approximately AUD 1 bn in value of its fully paid ordinary shares. The company maintains the flexibility to adjust, suspend, or terminate the buy-back at any time, based on its capital management objectives. Barrenjoey Markets Pty Limited is acting as the broker for these transactions.