VANCOUVER, British Columbia, Nov. 06, 2023 (GLOBE NEWSWIRE) -- TELUS President and CEO Darren Entwistle has reaffirmed his commitment to TELUS’ success by making significant share purchases this year. Since the beginning of the year through October 2023, he purchased 395,843 common shares for an aggregate purchase cost of approximately $10 million. Darren now holds a total of 800,000+ TELUS common shares.
Investing significantly in TELUS shares is consistent with Darren’s past practice of aligning his interests with those of TELUS' close to 1.2 million shareholders.
TELUS has demonstrated its ability to deliver on its leading dividend growth program, which is now in its thirteenth year and has been extended through to the end of 2025. This extension reflects the confidence of Darren and the team’s ability to execute the Company's growth strategy on a global scale. Furthermore, TELUS' performance highlights its commitment to driving meaningful and sustainable free cash flow growth while unlocking transformational benefits for all stakeholders. Since 2004, TELUS has returned more than $24 billion to shareholders, including over $19 billion in dividends, representing approximately $17 per share overall.