SYDNEY, June 27, 2026, 04:01 (AEST)
- Telstra finished Friday at A$5.15, gaining 0.19% for the session and up 1.58% for the week.
- The stock is trading roughly 1.3% above the average A$5.08 price Telstra paid in its A$1.25 billion buyback.
- The S&P/ASX 200 added 0.18% on Friday, though the index slipped 0.73% this week.
- Telstra’s next scheduled investor event is its annual results on Aug. 13.
Telstra Group Limited ASX:TLS starts the week just above the average price from its finished A$1.25 billion buyback. That small margin is one reason shares have held around A$5.15 instead of trying for their May peak.
Telstra Group shares ended Friday at A$5.15, gaining 0.19% from Thursday. The stock rose 1.58% over the past week, market data show. Shares traded between A$5.12 and A$5.19 during the session. The price remains below the 52-week high of A$5.58. Intelligent Investor
A$5.08 could matter more for investors. Telstra’s last buyback filing said it took in 245,892,740 shares at A$1,249,999,998.72. That works out to an average price of about A$5.0835 each. Telstra closed Friday just 1.3% over that number.
The buyback did what it was supposed to do, cutting the share count. The company bought back about 2.2% of its 11.39 billion outstanding ordinary shares, based on the final notice. So far, the market hasn’t rewarded the move with a big premium. ASX Announcements
Telstra traded between A$5.40 on April 2 and A$4.78 on October 8 in the buyback. Shares closed Friday under the program’s high price, about 7.7% below the A$5.58 52-week high in current data.
S&P/ASX 200 gained 15.5 points, or 0.18%, to hit 8,764.2 on Friday. But the index finished the week down, losing 64.5 points, or 0.73%. The broader market gave only slight support. ABC News
Telstra’s defensive side is still in play. Back in February, after a stronger first-half, the company boosted its buyback plan to A$1.25 billion. CEO Vicki Brady then said the on-market buyback should back up earnings and dividend per share. Reuters quoted eToro market analyst Zavier Wong, who called Telstra “one of the most defensive names on the ASX.” Reuters
Telstra posted a 9.4% jump in first-half profit to A$1.12 billion, as mobile income hit A$5.77 billion, a beat on Visible Alpha consensus. The telco narrowed its full-year underlying EBITDA after lease amortisation forecast to between A$8.2 billion and A$8.4 billion. Telstra raised its interim dividend to 10.5 Australian cents. Reuters
Looking at the week ahead, there’s no new Telstra date on the public calendar. The company’s upcoming events show director nominations wrap up Aug. 7, annual results land Aug. 13, and ex-dividend trading starts Aug. 26. Telstra.com
Price action next week looks set to depend less on any one company filing and more on whether the buyback holds support near A$5.15. ASX normal trading is between about 09:59:45 and 16:00 Sydney time on trading days. Australian Securities Exchange
