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An announcement from Hellenic Telecom Organization SA ( (HLTOY) ) is now available.
Hellenic Telecommunications Organization S.A. (OTE) announced the purchase of 305,888 of its own shares between March 17 and March 21, 2025, as part of its 2025 Own Share Buy Back Programme. This acquisition, which cost a total of €4,624,480.84, results in the company holding 7,961,237 own shares, representing 1.929% of its total outstanding shares. The buyback is conducted in compliance with European regulations, potentially enhancing shareholder value and signaling confidence in the company’s financial health.
More about Hellenic Telecom Organization SA
Hellenic Telecommunications Organization S.A. (OTE) operates in the telecommunications industry, providing a range of services including fixed-line and mobile telephony, broadband, and television services. The company primarily focuses on the Greek market, serving as a leading telecom provider in the region.
YTD Price Performance: 7.55%
Average Trading Volume: 2,547
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $6.85B
See more insights into HLTOY stock on TipRanks’ Stock Analysis page.