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The latest update is out from TPG Telecom Limited ( (AU:TPG) ).
TPG Telecom Limited has announced a cash return of capital to its shareholders, amounting to AUD 1.61 per share, following the proceeds from the Vocus Group Limited transaction. This move, pending shareholder approval, is set to return up to 3 billion dollars and is scheduled for trading on an ‘ex return of capital’ basis from November 14, 2025, with the payment date set for November 24, 2025. The announcement signifies a strategic financial decision potentially enhancing shareholder value and reflecting the company’s robust financial position.
The most recent analyst rating on (AU:TPG) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on TPG Telecom Limited stock, see the AU:TPG Stock Forecast page.
More about TPG Telecom Limited
TPG Telecom Limited operates in the telecommunications industry, providing a range of services including mobile and fixed broadband. The company focuses on delivering reliable connectivity solutions to its customers across Australia.
Average Trading Volume: 1,479,473
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$9.78B
See more data about TPG stock on TipRanks’ Stock Analysis page.