Telstra Group Limited (ASX:TLS) disclosed a daily on-market buy-back notification dated 10 November 2026, confirming the repurchase of 1,471,551 ordinary fully paid shares on the previous day, with total consideration of AUD 7,440,727.63 paid for those securities.

Key Points

  • 1,471,551 TLS ordinary fully paid shares were bought back on 10 November 2026, at consideration of AUD 7,440,727.63
  • The cumulative total of securities bought back before the previous day stood at 96,324,985 shares, with total consideration of AUD 464,935,039.75
  • On the previous day, the highest price paid was AUD 5.08 and the lowest price paid was AUD 5.02, against a maximum allowable price of AUD 5.30 under ASX Listing Rule 7.33
  • Telstra intends to buy back up to approximately AUD 1 billion in value of shares, with the program running from 15 September 2026 to 30 June 2027

Daily Buy-Back Transaction Details for 10 November 2026

According to the filing, Telstra bought back 1,471,551 ordinary fully paid shares on 10 November 2026, paying total consideration of AUD 7,440,727.63. The highest price paid on that day was AUD 5.08, while the lowest price paid was AUD 5.02. The highest allowable price under ASX Listing Rule 7.33 on that day was AUD 5.30. Barrenjoey Markets Pty Limited is named as the broker acting on Telstra's behalf in conducting the on-market buy-back transactions. The buy-back does not require securityholder approval, according to the filing.

Cumulative Buy-Back Figures Prior to 10 November 2026

The filing discloses that before the previous day's transactions, Telstra had bought back a cumulative total of 96,324,985 ordinary fully paid shares, with total consideration paid of AUD 464,935,039.75. The highest price paid across all prior transactions was AUD 5.11, recorded on 9 November 2026. The lowest price paid in the program prior to the previous day was AUD 4.64, recorded on 14 October 2026. Telstra's total shares on issue in the class subject to the buy-back stood at 11,139,136,247 ordinary fully paid securities, as disclosed in the filing.

Buy-Back Program Scope and Key Dates

Telstra's on-market buy-back program was initially notified to the ASX on 13 August 2026, with a proposed start date of 15 September 2026 and a proposed end date of 30 June 2027. The company has stated it intends to repurchase its fully paid ordinary shares of up to approximately AUD 1 billion in value, rather than targeting a specific number of shares. The filing states that Telstra will only buy back shares at such time and in such circumstances as are considered beneficial to its efficient capital management, and that it reserves the right to suspend or terminate the buy-back at any time.