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Daily Digest

Telstra posts profit rise, announces further buyback

Published Wednesday, August 12, 2026 · Updated August 13

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  • Single-Source Coverage1 source

What We Know — Key Points

  • Telstra Group posted an attributable profit of A$2.24 billion for the year ended June 30.

What Is Claimed — Perspectives

Single-Source Coverage
  • Channel News Asia

    Australia's Telstra Group reported a 3.2% rise in annual profit, driven by mobile business growth and increased customer spending. The telecom firm also announced an additional share buyback of up to A$1 billion.

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