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Telstra Group Limited (ASX:TLS)

ALERT: Price-sensitive ASX Announcement for TLS
Current share price for TLS : $5.020 0.04 (0.80%)+
Release
14 Aug 2025 7:59AM
Price at Release
$4.980
Full Release
download
Summary
Telstra Group Limited announced an additional on-market share buy-back of up to $1 billion, following the completion of a $750 million buy-back in June 2025. This decision is supported by earnings growth and a strong balance sheet, aligning with Telstra’s capital management framework. The initiative reflects the Board and management’s confidence in Telstra's financial strength and outlook. The buy-back is set to begin after 8 September 2025 and will be conducted in the financial year 2026, within the '10/12' limit of the Corporations Act. This move is part of Telstra's broader 'Connected Future 30' strategy, aiming to enhance shareholder value through disciplined capital management.
Key Points
  • Telstra announces $1 billion additional on-market share buy-back
  • Buy-back follows a $750 million buy-back completed in June 2025
  • Supported by earnings growth and a strong balance sheet
  • Aligned with Telstra's capital management framework
  • Reflects confidence in financial strength and future outlook
  • Buy-back to commence after 8 September 2025, in financial year 2026
  • Conducted within '10/12' limit under the Corporations Act
  • Part of Telstra's 'Connected Future 30' strategy
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.