Australia’s Telstra Logs Higher Annual Profit, Announces $654 Million Buyback

Telstra Reports 31 Percent Profit Increase Over Last Year, Expands Buyback

Australia’s largest telecommunications company, Telstra, has reported a 31 percent rise in annual net profit to $2.34 billion (US$1.53 billion) for 2024–25, up from $1.8 billion a year earlier. It has also extended its on-market share buyback program by $1 billion, in its results released on Aug. 14. The telco giant says that results were bolstered by tight cost control, a strong mobile division, and proceeds from asset sales. Revenue edged high…

Aussie telco surprises shareholders with $1 billion sweetener

The nation's largest telecommunications delivered a bumper profit.

Telstra posts profit lift, rewards investors with buyback

The nation's largest telecommunications company has announced a $1 billion share buyback as a reward for investors, after reporting a big rise in profit.

Telco posts profit lift, rewards investors with buyback

The nation's largest telecommunications company has announced a $1 billion share buyback as a reward for investors, after...

Telstra shares fall after mobile miss

The nation’s largest telco has slashed costs and sold the majority of its cloud computing unit to an Indian tech giant.

Telstra extends share buyback by $1b as net profit rises 31pc

Australia’s biggest telco group delivered a strong increase in annual net profit to $2.34 billion on higher mobile services revenue.