Telstra share price jumps on buyback boost and dividend hike — what ASX investors watch next
Telstra shares closed up 3.8% at A$5.15 after the company raised its buyback cap to A$1.25 billion and lifted its interim dividend to 10.5 cents. First-half profit reached A$1.124 billion on revenue of A$11.64 billion. The stock traded as high as A$5.26 during the session. The ex-dividend date is set for February 25.