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OTE Announces Purchase of Own Shares in 2025 Buy Back Programme

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Hellenic Telecom Organization SA ( (HLTOY) ) just unveiled an announcement.

Hellenic Telecommunications Organization S.A. announced the purchase of 243,314 own shares as part of its 2025 Own Share Buy Back Programme, amounting to a total of €3,733,337. This acquisition increases the company’s holdings to 8,330,918 own shares, representing 2.019% of the total outstanding shares. The move is in compliance with European regulations and reflects OTE’s strategic efforts to manage its capital structure and enhance shareholder value.

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 focuses on serving the Greek market and has a significant presence in the region.

YTD Price Performance: 11.16%

Average Trading Volume: 2,547

Technical Sentiment Signal: Strong Sell

Current Market Cap: $6.89B

See more data about HLTOY stock on TipRanks’ Stock Analysis page.

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