TELUS Corp (TSX:T)
C$ 21.51 -0.84 (-3.76%) Market Cap: 32.09 Bil Enterprise Value: 60.20 Bil PE Ratio: 34.14 PB Ratio: 2.04 GF Score: 82/100
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Telus Corp at BMO Capital Markets Media & Telecom Conference Transcript

Sep 12, 2023 / 02:00PM GMT
Release Date Price: C$23.04 (+0.52%)
Tim Casey
BMO Capital Markets Equity Research - Telecom, Media & Cable Analyst

Okay. Welcome back, everyone. Thrilled to have Doug French here. I think many of you in the room know who Doug is. He's the CFO of TELUS. Doug, welcome. Thanks for coming.

Douglas French
TELUS Corporation - Executive VP & CFO

Thank you.

Questions & Answers

Tim Casey
BMO Capital Markets Equity Research - Telecom, Media & Cable Analyst

Look, I thought we'd start with the capital allocation question. It's very topical with investors given the current interest rate environment. You've made some changes on free cash flow or whatnot. Maybe just give us, big picture, how you're thinking about capital allocation and, ultimately, the dividend growth model that you've been executing on for so many years now.

Douglas French
TELUS Corporation - Executive VP & CFO

Absolutely. Thank you. So our free cash flow change that we made was all related to the restructuring initiative

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