What was the original price of Telstra shares?

How much were Telstra shares when first floated?

In November 1997, the Australian government sold the first tranche of its Telstra shares, 4.29 Billion shares, publicly at a price of $3.40 per share to institutional investors and $3.30 to retail investors.

Who is Telstra owned by?

Telstra ownership, management

As of today, Telstra is no longer owned by the government. The telco has over a million shareholders – it is the most widely held company on the ASX. The first Telstra CEO as a private company was David Thodey, who served from 2010 to 2015.

How much dividend does Telstra pay?

The Telstra dividend policy is to pay a fully franked dividend of between 70 to 90 per cent of underlying earnings from FY18.

Do Telstra shares pay dividends?

Telstra usually pays two dividends each year; interim dividend and final dividend. … The market price will reflect whether the shares are ‘cum’ or ‘ex’ the dividend entitlement.

Is Telstra owned by China?

The telco is owned by Irish billionaire Denis O’Brien, who sources warned may be using the perceived threat of a China takeover to force Australia to bid up the value of his assets. … Australian Strategic Policy Institute head Peter Jennings welcomed Telstra’s interest in Digicel.

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Is Telstra the worst company in Australia?

Telstra can certainly be a pack of bastards but they aren’t the worst company in Australia. Hell, they aren’t even the worst company in telecommunications.

Is Telstra a good buy?

Analysts at Goldman Sachs believe that Telstra would be a good option for income investors. … Based on the current Telstra share price of $3.57, this will mean annual yields of 4.5% until FY 2023 and then 5% thereafter.

Is Vodafone Australian owned?

Vodafone is an Australian telecommunications company.

Who are Telstra competitors?

Telstra’s top competitors include PLDT, iiNet, TPG Telecom, Vodafone and Optus. Telstra is a company that provides telecommunications and information solutions to businesses, governments, communities, and individuals.

Who is the CEO of Telstra?