** Shares of Telstra TLS.AX fall as much as 2.8% to A$4.84, hitting their lowest level since July 14
** Australian telecom operator announced A$1 billion ($655.30 million) buyback, reports 31% jump in FY25 profit to A$2.34 billion
** However, Jefferies analysts note that composition of underlying EBITDA of A$8.02 bln is "a bit disappointing"
** Brokerage also notes mobile business was slightly softer than expected
** However, Jefferies says amount of buyback higher than expected
** Stock up 20.8% YTD, including the day's moves
($1 = 1.5260 Australian dollars)
(Reporting by Shivangi Lahiri in Bengaluru)
((shivangi.lahiri@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.