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Telstra Stock Slips as A$1 Billion Buyback Meets Profit Miss

This article first appeared on GuruFocus. Telstra Group (TLGPY), Australia's largest telecommunications provider, slipped 0.5% in Thursday's early Australian trading. The market's message was pretty clear: another giant buyback was not enough. Telstra unveiled a fresh A$1 billion repurchase program, but annual attributable profit of A$2.24 billion came in below the A$2.30 billion Visible Alpha consensus cited by …

Australia's Telstra posts 3.2% rise in annual profit, unveils further $706 million buyback

Aug 13 (Reuters) - Australia's Telstra Group announced an additional share buyback of up to A$1 billion ($705.90 ‌million) on Thursday and reported a 3.2% rise ‌in annual profit, driven by growth in its mobile business and higher ​customer spending. The telecom firm posted …

TLS main company
Sharemaestro market context Price below Trend Line 52 weeks +6.2% · Next-week setup positive 57.3% TLS stored weekly price path from 15 Aug 2025 to 7 Aug 2026

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