TELUS announces partial redemption of C$500 million notes
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 17 2025
0mins
Source: Globenewswire
TELUS Corporation's stock fell 3.50% and hit a 20-day low amid mixed market conditions, with the S&P 500 down 0.20%.
The company announced a partial redemption of C$500 million of its 2.75% Notes due July 8, 2026, from an outstanding total of C$800 million, reflecting its proactive debt management strategy. This redemption will be funded using proceeds from TELUS's Fixed-to-Fixed Rate Junior Subordinated Notes offerings completed in December 2025, indicating strategic planning in optimizing its capital structure. The announcement aims to maintain investor confidence and ensure market stability.
This move is part of TELUS's broader strategy to manage its debt effectively while continuing to operate in over 45 countries and generating significant revenue. However, the stock's decline suggests that investors may be reacting to the broader market's mixed signals.
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Analyst Views on TU
Wall Street analysts forecast TU stock price to rise
10 Analyst Rating
4 Buy
4 Hold
2 Sell
Hold
Current: 10.220
Low
13.71
Averages
14.96
High
18.04
Current: 10.220
Low
13.71
Averages
14.96
High
18.04
About TU
TELUS Corporation is a communications technology company serving customers through its suite of broadband services for consumers, businesses and the public sector. Its segments include TELUS technology solutions, TELUS digital experience and TELUS health. The TELUS technology solutions segment includes mobile technologies; data (which include Internet protocol; television; hosting, cloud-based services; and home and business security and automation); agriculture and consumer goods services (software, data management and data analytics-driven smart-food chain and consumer goods technologies); voice and other telecommunications services, and equipment sales. The TELUS health segment includes healthcare services, software and technology solutions. The TELUS digital experience segment includes key service lines: digital solutions; artificial intelligence and data solutions; trust, safety and security, and customer experience management.
About the author
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.
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- Background and Experience: Dodig has been a member of the TELUS board since May 2022 and previously served as President and CEO of Canadian Imperial Bank of Commerce for 11 years, bringing valuable insights from the financial sector to TELUS.
- Support from Predecessor: Dodig succeeds Darren Entwistle, who retired on June 30, and will act as an advisor until April 30, 2027, ensuring a smooth leadership transition and continuity in the company's strategic initiatives.
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- Community Development: TELUS also intends to foster healthy communities through these investments, reflecting its commitment to social responsibility and supporting local economic development.
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See More
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- AI Data Center Expansion: TELUS will expand its sovereign AI data center operations in Quebec and British Columbia, with new facilities planned in Vancouver and Kamloops to support rapid growth in its AI business.
- Residential Development: The company will also redevelop former corporate buildings into residential housing, aiming to address housing shortages while aligning with its previously disclosed 2026 capital expenditure guidance to further community development.
See More
