ASX:TLS 18 March 2026 - 19 May 2026

Telstra Shares Trade Higher as $1.25 Billion Buyback Wraps Up, Investors Focus on Week Ahead

Australia’s A$7.32 Billion Spectrum Sale Raises Questions for Phone Bills

Australia’s communications regulator set a preferred A$7.32 billion price for renewing key mobile and fixed-wireless spectrum licences, rejecting calls from Telstra, Optus and TPG Telecom for lower fees. The first renewal application period opens June 18 for the 850 MHz and 1800 MHz bands. Telstra and TPG warned of higher costs for consumers, while the regulator said the price reflects market rates.
May 20, 2026
Telstra Faces $7.32 Billion Hurdle After Rally

Telstra Faces $7.32 Billion Hurdle After Rally

Telstra shares closed at A$5.55, up 2.6% and near a 12-month high, after Australia’s regulator set the market value for renewing key spectrum licences at A$7.32 billion. The licences, held by Telstra, Optus, TPG Telecom and NBN Co, face renewal applications from June 18. Telstra traded 29.44 million shares Tuesday, above its average volume. The S&P/ASX 200 rose 1.17% to 8,604.7.
May 19, 2026
Telstra Stock Bucks ASX Rout as Buyback Tops A$1.12 Billion

Telstra Stock Bucks ASX Rout as Buyback Tops A$1.12 Billion

Telstra shares closed up 0.56% at A$5.41 on Monday as the company disclosed a fresh buyback of 848,630 shares for A$4.57 million. The S&P/ASX 200 fell 1.45%, pressured by profit warnings from Brambles and Elders. Telstra has now spent about A$1.121 billion of its A$1.25 billion buyback program, which began in September 2025. The ASX cash market reopens Tuesday at 9:59 a.m. AEST.
May 18, 2026
UK & AU Stock Market Today: Live Updates 25.04.2026

UK & AU Stock Market Today: Live Updates 25.04.2026

LIVEMarkets rolling coverageStarted: April 25, 2026, 12:00 AM EDTUpdated: April 25, 2026, 11:59 PM EDT Remote Indigenous Towns in Australia Invest in Solar Microgrids to Cut Diesel Dependence April 25, 2026, 11:33 PM EDT. Indigenous communities in remote Australia are moving towards energy sovereignty by investing in solar and battery microgrids. Djarindjin, home to nearly 400 Bardi and Jawi people, plans a multimillion-dollar project to supply 80% of its power from renewables, reducing reliance on government-supplied diesel generators. The project, Aalga Goorlil, signals a shift towards local ownership and control amid rising fuel costs exacerbated by global conflicts. Meanwhile, the
April 25, 2026
Telstra Share Price Nears 52-Week High as Buyback Tops A$713 Million — Why TLS Stock Is in Focus

Telstra Share Price Nears 52-Week High as Buyback Tops A$713 Million — Why TLS Stock Is in Focus

Telstra closed Tuesday at A$5.25, just below its 52-week high, after disclosing a buyback of 640,803 shares for A$3.36 million on March 17. Total repurchases now stand at about 144.9 million shares worth roughly A$713.7 million. The company plans to pay a 10.5-cent interim dividend on March 27. Telstra and regulators remain A$1.3 billion apart on spectrum renewal valuations.
March 18, 2026

Stock Market Today

  • News Corp Launches $1 Billion Share Buy-Back Highlighting U.S. Market Focus
    May 26, 2026, 8:44 PM EDT. News Corp announced a $1 billion share buy-back program, underscoring its strategic emphasis on the U.S. market. The media giant aims to enhance shareholder value through this sizable capital return. The buy-back reflects management's confidence in the company's future prospects amid evolving media landscapes. Investors are watching closely as News Corp reallocates resources to bolster its U.S. operations, signaling a targeted growth push. This move follows broader industry trends where firms buy back shares to optimize capital structure and returns. The initiative may impact share prices and market perception by reducing outstanding stock and increasing earnings per share.