TELUS Increases Maximum Purchase Amount to C$1.87 Billion for Bond Offers
Written by Emily J. Thompson, Senior Investment Analyst
Source: PRnewswire
Updated: 1 hour ago0mins
- Bond Buyback Plan: TELUS announced an increase in the maximum purchase amount for its bond buyback plan from C$500 million to C$1.87 billion, demonstrating the company's commitment to optimizing its capital structure by accepting all tendered bonds.
- Valid Tender Amount: As of December 11, 2025, investors validly tendered a total of C$1.87 billion in bonds, indicating a positive market response to TELUS's debt management strategy and enhancing the company's confidence in capital markets.
- Bond Series Details: The company expects to accept multiple bond series for repurchase, including C$467 million of the 4.40% CL series and C$386 million of the 4.70% CW series, further optimizing its debt structure to reduce financing costs.
- Financing Condition Met: The financing condition for this bond buyback has been satisfied due to the successful issuance of C$800 million and US$1.5 billion in junior subordinated debt, ensuring liquidity and financial flexibility for the company.
T.N
$0.0000%Past 6 months
Line
|
Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
No Data
Powered By
Intellectia
Analyst Views on T
Wall Street analysts forecast T stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for T is 30.94 USD with a low forecast of 28.00 USD and a high forecast of 34.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
10 Buy
4 Hold
0 Sell
Moderate Buy
Current: 24.390
Low
28.00
Averages
30.94
High
34.00
Current: 24.390
Low
28.00
Averages
30.94
High
34.00
BMO Capital
Tim Casey
Outperform -> Market Perform
downgrade
$23 -> $19
2025-12-11
New
Reason
BMO Capital
Tim Casey
Price Target
$23 -> $19
2025-12-11
New
downgrade
Outperform -> Market Perform
Reason
BMO Capital analyst Tim Casey downgraded Telus to Market Perform from Outperform with a price target of C$19, down from C$23. Despite the recent selloff, Telus continues to trade at a premium valuation to its incumbent peers, the analyst tells investors in a research note. The firm believes the company's core telecom business is growing in line with peers while the outlook for Telus Digital is unclear. TD cites lower growth prospects, the company's debt and valuation for the downgrade.
Morgan Stanley
Benjamin Swinburne
Equal Weight
downgrade
$32 -> $31
2025-12-10
New
Reason
Morgan Stanley
Benjamin Swinburne
Price Target
$32 -> $31
2025-12-10
New
downgrade
Equal Weight
Reason
Morgan Stanley analyst Benjamin Swinburne lowered the firm's price target on Comcast (CMSCA) to $31 from $32 and keeps an Equal Weight rating on the shares. Fixed wireless net adds may accelerate in 2026 from 2025 as AT&T (T) expands its footprint, while fiber growth should remain robust, notes the analyst, who trims Comcast's price target as a result.
Morgan Stanley
Equal Weight
downgrade
$25 -> $20
2025-12-10
New
Reason
Morgan Stanley
Price Target
$25 -> $20
2025-12-10
New
downgrade
Equal Weight
Reason
Morgan Stanley lowered the firm's price target on Telus to C$20 from C$25 and keeps an Equal Weight rating on the shares as part of a telecom and cable services look ahead note on 2026.
Morgan Stanley
Overweight
downgrade
$32 -> $30
2025-12-10
New
Reason
Morgan Stanley
Price Target
$32 -> $30
2025-12-10
New
downgrade
Overweight
Reason
Morgan Stanley lowered the firm's price target on AT&T (T) to $30 from $32 and keeps an Overweight rating on the shares. The U.S. wireless industry remains consolidated, supporting "a healthy growth environment" for Overweight rated T-Mobile (TMUS) and AT&T, with the latter's fiber expansion an additional benefit, the analyst tells investors as part of a telecom and cable services look ahead note on 2026. The firm is lowering estimates for Equal Weight rated Verizon (VZ) to reflect a more market share focused go-to-market in 2026 and trimming price targets for the other two of the "big three" to reflect this reality as well.
See All Ratings
About T
AT&T Inc. is a holding company. The Company is a provider of telecommunications and technology services globally. The Company’s segments include Communications and Latin America. The Communications segment provides wireless and wireline telecom and broadband services to consumers located in the United States and businesses globally. The business units of the Communication segment include Mobility, Business Wireline, and Consumer Wireline. Mobility provides nationwide wireless service and equipment. Business Wireline provides advanced Ethernet-based fiber services, Internet Protocol (IP) Voice and managed professional services, as well as legacy voice and data services and related equipment, to business customers. Consumer Wireline provides broadband services, including fiber connections. Consumer Wireline provides legacy telephony voice communication services. The Latin America segment provides wireless services and equipment in Mexico.
About the author
Preview
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Sigh Up to Get Intellectia Insights
What factors contributed to Warner Bros.' complex history of mergers and acquisitions?
Why is Netflix's acquisition of Warner Bros. considered a significant strategic shift?
How will Netflix's acquisition of Warner Bros. impact its financial performance long-term?
Will AT&T's acquisition of EchoStar spectrum significantly enhance its market competitiveness?