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Hellenic Telecom Boosts Shareholder Value
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Hellenic Telecom Boosts Shareholder Value

Hellenic Telecom Organization S.A. (ADR) (HLTOY) has released an update.

Hellenic Telecommunications Organization S.A. (OTE) has announced the acquisition of 350,296 of its own shares between April 15th and 19th, 2024, as part of its 2024 Share Buyback Program. The total cost of these shares reached approximately 4.9 million euros, with the company now holding 0.920% of its total outstanding shares. This strategic move aligns with EU financial regulations and demonstrates OTE’s ongoing commitment to shareholder value.

For further insights into HLTOY stock, check out TipRanks’ Stock Analysis page.

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