Model portfolios: Why we’re buying Telstra

Key Points Buy-back will occur in October Shareholders also entitled to 15c per share franked dividend in early August Low-risk profit opportunity for each of our model portfolios  off-market share buyback. The offer will be made to those on the register next Friday (22 August), so you need to be an existing holder or buy them before Tuesday 19 August to participate. The key terms of the offer (as announced) are set out in Table 1. It’s important to note that, at this point, it’s just an announcement and there is a risk the offer may be changed or...

off-market share buyback. The offer will be made to those on the register next Friday (22 August), so you need to be an existing holder or buy them before Tuesday 19 August to participate.

The key terms of the offer (as announced) are set out in Table 1. It’s important to note that, at this point, it’s just an announcement and there is a risk the offer may be changed or not proceed at all.

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