TELUS Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:BCZ Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
10 Dec 24	Buy€444,080	Marc Parent	Individual	30,000	€14.81
14 Nov 24	Buy€1,442,055	Victor Dodig	Individual	100,000	€14.42
15 Aug 24	Buy€14,577	John Manley	Individual	1,000	€14.58
12 Aug 24	Buy€157,822	Marc Parent	Individual	10,530	€14.99
07 Aug 24	Sell€138,444	Mario Mele	Individual	9,197	€15.05
11 Jun 24	Sell€1,325,892	Andrea Wood	Individual	89,024	€14.93

Insider Trading Volume

Insider Buying: BCZ insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of BCZ?
Owner Type	Number of Shares	Ownership Percentage
State or Government	64,668	0.00431%
Individual Insiders	1,817,436	0.121%
General Public	694,684,952	46.3%
Institutions	803,778,484	53.6%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.5%.

Top Shareholders

Top 25 shareholders own 42.13% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
5.21%	RBC Dominion Securities Inc., Asset Management Arm	78,171,603	€1.0b	-0.6%	1.24%
5.18%	BMO Asset Management Corp.	77,732,234	€1.0b	14.4%	0.43%
3.31%	RBC Global Asset Management Inc.	49,697,962	€665.0m	3.78%	0.43%
2.71%	TD Asset Management, Inc.	40,717,252	€544.8m	-2.38%	0.42%
2.68%	Mackenzie Financial Corporation	40,164,512	€537.4m	-4.31%	0.62%
2.63%	1832 Asset Management L.P.	39,510,684	€528.6m	3.45%	0.75%
2.39%	Canadian Imperial Bank of Commerce, Asset Management Arm	35,785,580	€478.8m	-11.9%	1.11%
1.74%	National Bank Investments Inc.	26,160,789	€350.0m	24.2%	0.48%
1.66%	The Vanguard Group, Inc.	24,897,486	€333.1m	3.07%	0.01%
1.57%	The Bank of Nova Scotia, Banking Investments	23,547,946	€315.1m	6.98%	0.69%
1.44%	Royal Bank of Canada, Banking & Securities Investments	21,609,011	€289.1m	5.02%	0.15%
1.36%	Fédération des Caisses Desjardins du Québec, Asset Management Arm	20,338,618	€272.1m	0.22%	1.61%
1.34%	CIBC Asset Management Inc.	20,099,304	€268.9m	-10.3%	0.58%
1.29%	Scotiabank Global Banking and Markets, Asset Management Division	19,380,631	€259.3m	1.52%	1.49%
1.13%	Fiera Capital Corporation	16,882,528	€225.9m	1.27%	0.55%
0.96%	Capital Research and Management Company	14,382,856	€192.4m	-26.7%	0.01%
0.91%	Toronto-Dominion Bank, Banking Investments	13,693,845	€183.2m	-13.6%	0.3%
0.85%	CI Global Asset Management	12,731,162	€170.3m	0.52%	0.36%
0.84%	IG Investment Management, Ltd.	12,575,973	€168.3m	-16.7%	0.46%
0.64%	Fidelity International Ltd	9,576,877	€128.1m	33.9%	0.06%
0.56%	Invesco Ltd.	8,341,028	€111.6m	3.4%	0.03%
0.45%	First Trust Advisors LP	6,744,632	€90.2m	5.26%	0.08%
0.45%	Janus Henderson Group plc	6,701,819	€89.7m	0.74%	0.04%
0.42%	Letko, Brosseau & Associates Inc.	6,372,358	€85.3m	-6.61%	1.58%
0.42%	ClearBridge Investments, LLC	6,321,592	€84.6m	6.35%	0.06%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/19 13:09
End of Day Share Price	2024/12/18 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

TELUS Corporation is covered by 41 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Amman Saeed	Accountability Research Corporation
Mark Rosen	Accountability Research Corporation
Phillip Huang	Barclays