Telstra buyback ‘very unlikely‚Äô

His view contrasts with those from other fund managers and rival analysts who expect Telstra to launch a share buyback scheme worth at least $2 billion at its financial results announcement on Thursday. “We believe Telstra is likely to remain conservative and keep flexibility, especially given investments and acquisitions are likely,” he said. “A buyback … is also very undesirable and only marginally accretive at current prices.

Read more here: SMH

    

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