Welcome to our dedicated page for TELUS Corporation news (Ticker: $TU), a resource for investors and traders seeking the latest updates and insights on TELUS Corporation stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect TELUS Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of TELUS Corporation's position in the market.
Rhea-AI Summary
TELUS President and CEO Darren Entwistle has purchased 395,843 common shares for approximately $10 million, bringing his total holdings to 800,000+ shares. This demonstrates his confidence in the company's strategy and strong operating momentum. TELUS released its Q3 results, showcasing strong performance in its core telecom business and record customer growth. The company's financial position was further strengthened by cost efficiency efforts, leading to EBITDA expansion and accelerated cash flow growth. TELUS' dividend growth program has been extended through 2025, reflecting confidence in its growth strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.56%
Tags
-
Rhea-AI Summary
Telus Corporation announces a quarterly dividend of $0.3761 Canadian per share on its Common shares, payable on January 2, 2024, to shareholders of record on December 11, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.96%
Tags
-
Rhea-AI Summary
TELUS International, a digital customer experience innovator, reported steady year-over-year revenue growth and improved profitability in Q3 2023. The company onboarded new clients and expanded service volumes with existing clients, including Google. TELUS International was recognized by global research firms for its strong capabilities and market offerings. The company's ongoing cost efficiency efforts and actions to resolve supply-demand imbalances contributed to margin improvement. However, net income and diluted EPS declined compared to the same period last year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.53%
Tags
Rhea-AI Summary
TELUS Corporation reported total telecom customer growth of 406,000 in the third quarter of 2023, up 17% YoY. The company achieved consolidated operating revenue and adjusted EBITDA growth of 7.2% and 5.5% respectively. However, net income decreased by 75% due to higher restructuring costs and depreciation. The quarterly dividend was increased by 7.1% to $0.3761, representing a dividend yield of approximately 6.5%. TELUS also confirmed its 2023 consolidated financial targets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.96%
Tags
-
Rhea-AI Summary
MCE Systems Ltd. has announced several improvements to the Mobile Klinik Device Checkup app, which provides expert repairs and certified pre-owned phones. The app includes a health check tool, repair advice, and tests to determine a device's value. The updated version offers personalized offers, improved health check process, and custom repair pricing. This is part of a long-term strategy to create a seamless experience for consumers. In 2024, more features will be announced.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.99%
Tags
-
Rhea-AI Summary
TELUS invests in clean tech startups to strengthen climate resilience and promote sustainability. The investments include US$20 million in Climate Robotics for carbon sequestration, US$6.5 million in erthos for plant-based alternatives to plastic, and US$4 million in Plentify for cleaner energy solutions. These investments support the transition to zero-emission solutions, address the plastic crisis, and improve energy grids.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.8%
Tags
Rhea-AI Summary
TELUS has priced $1.75 billion of senior unsecured notes in three series, supporting its commitment to environmental sustainability. The notes are offered through a syndicate of agents and will be used for debt repayment and general corporate purposes. The 5.75% Sustainability-Linked Notes, Series CAK, will mature on September 8, 2033. TELUS has committed to reducing greenhouse gas emissions by 46% from 2019 levels by 2030. Failure to achieve this target may result in an interest rate increase on the Series CAK Notes. The offering aligns with the International Capital Market Association's Sustainability-Linked Bond Principles, 2020.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.05%
Tags
-
Rhea-AI Summary
Telus Corporation (TSE: T) has announced a quarterly dividend of $0.3636 Canadian per share on the issued and outstanding Common shares. The dividend will be payable on October 2, 2023, to shareholders of record at the close of business on September 8, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.69%
Tags
-
Rhea-AI Summary
TELUS International reports Q2 2023 results: Revenue of $667 million, up 7% YoY. Net loss of $7 million, compared to net income of $56 million in the same quarter last year. Diluted EPS of $(0.03), compared to $0.21 in the same quarter last year. Adjusted EBITDA of $120 million, 20% lower YoY. Adjusted Diluted EPS of $0.17, 43% lower YoY.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.76%
Tags
Rhea-AI Summary
TELUS Corporation: Strong Second Quarter Results with 293,000 Customer Growth, 13% Revenue Growth and 5% EBITDA Growth
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.69%
Tags
TELUS Corporation
NYSE:TU
TU Rankings
TU Stock Data
24.04B
1.47B
0.02%
56.36%
1.64%
Telecommunications Resellers
Information
United States of America
Vancouver
About TU
telus (tsx: t, nyse: tu) is canada’s fastest-growing national telecommunications company, with $12.3 billion of annual revenue and 13.9 million customer connections, including 8.4 million wireless subscribers, 3.1 million wireline network access lines, 1.5 million high-speed internet subscribers and 954,000 telus tv customers. telus provides a wide range of communications products and services, including wireless, data, internet protocol (ip), voice, television, entertainment and video, and is canada's largest healthcare it provider. when it comes to our people, we’re as diverse as the society we live in and we’re passionate about creating success for our customers, our shareholders, our communities and our team. do you share our passion for: • building spirited relationships to foster a strong, collaborative network of diverse and skilled team members? • challenging the status quo to drive results and innovation in a dynamic, fast-paced and rewarding environment? • thriving on challen