TLS telstra group limited

Ann: Telstra announces on-market share buy-back of up to $1.35b, page-11

  1. 9,345 Posts.
    lightbulb Created with Sketch. 8004
    Hilarious, Telstra CEO moaning how he needs to sell assets to fund services in regional and rural Australia, but has a solid enough balance sheet to do buybacks. Something not quite adding up....

    Buyback great for short-term holders who want to get out. Not good for long-term holders. I just became the former and am out of Telstra.
 
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