07:24 AM EST, 01/05/2026 (MT Newswires) -- Telus ( TU ) said Monday that chief executive Darren Entwistle, along with several members of its board and executive leadership team, acquired a total of 357,090 additional company shares in the open market.

The purchases were made during November and December, and reflect confidence in Telus' ( TU ) value proposition and long-term growth prospects, a statement said.

Collectively, senior officers of the executive leadership team and board of directors hold 2.4 million Telus ( TU ) common shares as of Dec. 31, 2025. Since 2024, Entwistle has taken his entire salary in Telus ( TU ) shares, and plans to continue to do so for the foreseeable future, a statement added.

The company has also purchased 2.3 million shares in the open market at an average price of $17.40, an 18% discount to Telus' ( TU ) average share price traded over the past 12 months. These purchases are part of the $500 million worth of shares that Telus ( TU ) may buy back under its normal course issuer bid from Dec. 17, 2025.

Telus ( TU ) shares are up US$0.01, to US$13.12, in New York trading.