TELUS is trading at CA$12.05, up 4.15%, after touching a recent low.
- Investors are reassessing TELUS’s restructuring ahead of the first payment under its reduced dividend: CA$0.1875 per share, a 55% cut from the prior level.
- Broader strength may also be helping, with the S&P 500 and Nasdaq higher. A September 30 report described risk-on trading as supporting TELUS; the specific company catalyst remains less certain than market and rebound factors.