{
  "id": 726284,
  "title": "Telstra FY profit rises slightly, announces $706 mln buyback",
  "url": "https://urgent.news/2026/08/13/telstra-fy-profit-rises-slightly-announces-706-mln-buyback",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-13T02:59:20.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/telstra-fy-profit-rises-slightly-announces-706-mln-buyback-93CH-4856553"
  },
  "original_language": "en",
  "account": "Telstra Group reported a slight increase in annual profit to A$2.24 billion for the year ending June 30, marking a 3.2% growth compared to the previous year. The company's mobile segment, accounting for about 44% of the group's income, saw a 3.2% rise in revenue to A$11.37 billion in 2026. This growth was attributed to increased average revenue per user and gains in mobile service revenue. Telstra announced a A$1 billion share buyback, citing strength in its earnings and balance sheet. The company had already completed a A$1.25 billion buyback program in June. For 2027, Telstra projected earnings before interest, taxes, depreciation and amortisation after leases to be between A$8.5 billion and A$8.8 billion, with a cash EBIT forecast of A$4.75 billion to A$4.95 billion. The company's shares dropped nearly 4% on Thursday. Telstra also declared a final dividend of 10.5 Australian cents per share, an increase from the previous year's 9.5 Australian cents.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}