Latest news with #TelstraGroup
Business Times
7 days ago
- Business
- Business Times
Telstra logs higher annual profit, announces A$1 billion buyback
TOP Australian telecom firm Telstra Group forecast higher operating earnings for fiscal 2026 and reported a 31 per cent rise in its fiscal 2025 profit on Thursday, driven by sustained growth in its mobile segment. The telecom firm announced a A$1 billion (S$837 million) buyback, citing growth in earnings and a strong balance sheet, following February's share repurchase announcement of A$750 million. Telstra said it expects operating earnings between A$8.15 billion and A$8.45 billion for fiscal 2026, up from A$8.02 billion in fiscal 2025, as the company focuses on growing cash earnings through fiscal 2030. The company reported a profit of A$2.34 billion for the year ended June 30, up from A$1.79 billion a year earlier and matching the Visible Alpha consensus estimate of A$2.34 billion. It declared a final dividend of 9.5 Australian cents per share, slightly higher than the 9 Australian cents declared a year ago. REUTERS
Yahoo
13-08-2025
- Business
- Yahoo
Australian telco Telstra logs 31% higher annual profit
(Reuters) -Top Australian telecom firm Telstra Group reported a 31% rise in full-year profit on Thursday, driven by sustained growth in its mobile segment, and announced a A$1 billion buyback. The company said its profit for the year ended June 30 came in at A$2.34 billion ($1.53 billion), rising from A$1.79 billion a year ago. The result was in line with the Visible Alpha consensus estimate of A$2.34 billion. ($1 = 1.5284 Australian dollars) Sign in to access your portfolio
Reuters
13-08-2025
- Business
- Reuters
Australia's Telstra logs higher annual profit, announces $654 million buyback
Aug 14 (Reuters) - Top Australian telecom firm Telstra Group ( opens new tab forecast higher operating earnings for fiscal 2026 and reported a 31% rise in its fiscal 2025 profit on Thursday, driven by sustained growth in its mobile segment. The telecom firm announced a A$1 billion ($654.20 million)buyback, citing growth in earnings and a strong balance sheet, following February's share repurchase announcement, opens new tab of A$750 million. Telstra said it expects operating earnings between A$8.15 billion and A$8.45 billion for fiscal 2026, up from A$8.02 billion in fiscal 2025, as the company focuses on growing cash earnings through fiscal 2030. The company reported a profit of A$2.34 billion for the year ended June 30, up from A$1.79 billion, opens new tab a year earlier and matching the Visible Alpha consensus estimate of A$2.34 billion. It declared a final dividend of 9.5 Australian cents per share, slightly higher than the 9 Australian cents declared a year ago. ($1 = 1.5286 Australian dollars)
Reuters
13-08-2025
- Business
- Reuters
Australian telco Telstra logs 31% higher annual profit
Aug 14 (Reuters) - Top Australian telecom firm Telstra Group ( opens new tab reported a 31% rise in full-year profit on Thursday, driven by sustained growth in its mobile segment, and announced a A$1 billion buyback. The company said its profit for the year ended June 30 came in at A$2.34 billion ($1.53 billion), rising from A$1.79 billion, opens new tab a year ago. The result was in line with the Visible Alpha consensus estimate of A$2.34 billion. ($1 = 1.5284 Australian dollars)
Bloomberg
13-08-2025
- Business
- Bloomberg
Telstra Plans Additional Share Buyback of Up To $654 Million
Telstra Group Ltd. will repurchase as much as A$1 billion ($654 million) of its stock on market, building on a A$750 million buyback completed in June, as Australia's biggest phone company looks to return more cash to investors. The program, expected to start after Sept. 8, comes on the back of earnings growth and a strong balance sheet, Chief Executive Officer Vicki Brady said in a statement Thursday.
