$4.20
-0.26 (-5.83%)
TLS News4 articles
Telstra Retreats After Earnings Surge, Boosts Buyback to A$1.25B
Telstra Group shares declined 0.6% to A$5.11 Friday, giving back some of Thursday's post-earnings surge. The company expanded its share repurchase program to A$1.25 billion and tightened its full-year earnings forecast.
Wesfarmers Shares Slide Despite Profit Beat as Consumer Spending Concerns Mount
Wesfarmers shares tumbled over 5% despite reporting a half-year profit beat, as management flagged patchy consumer spending and upcoming price investments, overshadowing solid financial results.
Telstra Surges on Enhanced Shareholder Returns and Solid Earnings
Telstra shares climbed 3.8% after the telecom giant increased its share buyback program to A$1.25 billion and raised its interim dividend. The company reported a first-half profit of A$1.124 billion on A$11.64 billion in revenue.
Telstra Shares Dip Amid Spectrum Fee Dispute Ahead of Earnings
Telstra shares edged lower as the telecom giant pushes for a cap on spectrum renewal costs, challenging regulator proposals ahead of its half-year results.