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An announcement from Telstra Corporation Limited ( (AU:TLS) ) is now available.
Telstra Group Limited has announced the cessation of 27,782,018 fully paid ordinary securities due to an on-market buy-back, effective October 29, 2025. This strategic move is part of Telstra’s capital management strategy, potentially impacting its stock liquidity and shareholder value, while reinforcing its commitment to optimizing its capital structure.
The most recent analyst rating on (AU:TLS) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Telstra Corporation Limited stock, see the AU:TLS Stock Forecast page.
More about Telstra Corporation Limited
Telstra Corporation Limited is a leading telecommunications and technology company in Australia, providing a wide range of services including mobile, internet, and entertainment solutions. The company focuses on delivering innovative communication services to both individual consumers and businesses, maintaining a strong presence in the Australian market.
Average Trading Volume: 23,057,231
Technical Sentiment Signal: Buy
Current Market Cap: A$55.75B
See more data about TLS stock on TipRanks’ Stock Analysis page.