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Telstra shareholders rush to buyback

2014-10-06 05:02:13| Telecom - Topix.net

Telstra shareholders have leapt at the telco's $1 billion buyback, so much so it was oversubscribed by almost 70 per cent. The off market buy-back was completed on Monday morning with the company buying about 217.4 million shares, or 1.8 per cent of Telstra's stock, at $4.60 a share.

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