TELUS CORP

TELUS Corporation announced a significant dividend reset, declaring a third-quarter dividend of $0.1875 per share, down from the prior annualized rate of $1.6736 per share, to generate cash savings for deleveraging. The company also announced leadership changes, with Victor Dodig appointed President and CEO, and Gopi Chande as CFO, effective July 1, 2026, following Darren Entwistle's retirement. For Q2 2026, TELUS reported a net loss attributable to Common Shares of $(1.84) billion and a 3% decrease in operating revenues to $4.93 billion, while Adjusted EBITDA decreased by 2% to $1.78 billion.

TELUS Corporation announced its second quarter 2026 financial results, reporting a net loss of $1.8 billion, primarily due to a $2.1 billion non-cash impairment related to TELUS Digital. Concurrent with the results, the company reset its quarterly dividend by 55% to $0.1875 per share, aiming to generate $2.7 billion in cash savings through 2028 for debt reduction. TELUS also removed the dividend reinvestment plan discount and revised its full-year 2026 financial guidance downwards, while outlining new strategic priorities to strengthen its financial foundation and achieve a leverage target of 3.0-times or lower by year-end 2028.

TELUS Corporation announced that its Board of Directors has declared a quarterly cash dividend of C$0.1875 per common share. The dividend is scheduled to be paid on October 1, 2026, to shareholders who are on record at the close of business on September 10, 2026.

The TELUS Friendly Future Foundation's Together for Tomorrow Gala raised a record-breaking $3 million, bringing the three-year total to over $8.1 million. These funds will support thousands of young Canadians through post-secondary bursaries and community programs, with a goal of providing over 500 bursaries and 500 charitable grants this year. The event was highlighted by an exclusive performance by Lionel Richie and builds on a recent $1 million personal donation from TELUS President and CEO Darren Entwistle and Fiona Entwistle, which launched the Entwistle Technology Bursary. The Foundation plans to use the proceeds from donated securities and an additional cash donation to purchase approximately $1,050,000 CAD in TELUS Shares to fund the new bursary.

TELUS Corporation held its Annual General Meeting of Shareholders on May 8, 2026, where all proposed resolutions were approved. Shareholders elected all 14 director nominees, appointed Deloitte LLP as auditors, and approved the company's approach to executive compensation. Additionally, an increase to the share reserve under the RSU Plan was also approved with strong shareholder support.

TELUS Corporation announced that its Board of Directors has declared a quarterly cash dividend of C$0.4184 per common share. The dividend is scheduled to be paid on July 2, 2026, to shareholders who are on record at the close of business on June 10, 2026.

TELUS reported mixed operational and financial results for Q1 2026, with industry-leading total Mobile and Fixed customer growth of 262,000 and a 19% increase in Free Cash Flow to $583 million. Consolidated Service revenue grew 1% and Adjusted EBITDA was stable at $1.8 billion, reflecting business resilience. However, net income decreased 52% to $144 million and adjusted basic EPS fell 12% to $0.23. The company reaffirmed its key 2026 financial targets and is advancing its balance sheet deleveraging strategy, including exploring strategic partnership opportunities for TELUS Health and expanding its Sovereign AI Factories.

TELUS Corporation reported a significant decline in its first-quarter 2026 financial results. Net income decreased by 52% to $144 million, and basic earnings per common share fell by 57% to $0.09 compared to the same period last year. Operating revenues also saw a slight decrease to $4,989 million. Despite the earnings decline, the company improved its net debt to EBITDA ratio to 3.5 times and increased dividends paid to common shareholders. The company is also assessing the impact of IFRS 18, effective January 1, 2027, which will alter financial statement presentation.

TELUS Digital is addressing the growing and complex data challenges in the robotics AI market, which requires egocentric, multi-sensor training data at an exponential scale. The company, a global leader in AI data solutions, leverages its extensive AI community of over 1 million contributors and 70+ physical delivery centers to provide billions of labels annually. TELUS Digital was recognized as a Leader in Everest Group's 2024 PEAK Matrix for Data Annotation, underscoring its strong position in this rapidly formalizing sector.