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The latest update is out from Telstra Corporation Limited ( (AU:TLS) ).
Telstra Group Limited announced the issuance of 6,234,518 performance rights under an employee incentive scheme. These securities are unquoted and are part of the company’s strategy to motivate and retain talent by aligning employee interests with company performance, potentially impacting its operational efficiency and market competitiveness.
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 Group Limited is a leading telecommunications and technology company in Australia, providing a wide range of services including mobile, broadband, and digital solutions. The company focuses on delivering innovative communication services to both consumer and business markets.
Average Trading Volume: 22,918,299
Technical Sentiment Signal: Buy
Current Market Cap: A$55.5B
For detailed information about TLS stock, go to TipRanks’ Stock Analysis page.