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Investing.com-- Shares of Telstra Group (ASX:TLS) fell on Thursday even as Australia’s largest telecommunications company reported a modest rise in annual profit and announced a new share buyback, but warned of ongoing challenges in some business segments.
Telstra posted a 0.9% increase in revenue to A$23.13 billion ($15.15 billion) for the year ended June 30, 2025. Net profit rose 31% to A$2.3 billion, while underlying earnings before interest, tax, depreciation and amortisation (EBITDA) climbed 4.6% to A$8.6 billion.
The company declared a fully franked final dividend of 9.5 Australian cents per share, lifting the total annual payout to 19 cents, up 5.6% from last year.
It also completed an A$750 million on-market buyback and announced plans for up to A$1 billion in additional repurchases.
Despite growth in its mobile and infrastructure units, Telstra flagged weakness in its international operations, which weighed on investor sentiment.
Telstra shares fell more than 3% to A$4.81 as of 00:44 GMT.