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OTE Announces Share Buyback, Strengthening Market Position

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OTE Announces Share Buyback, Strengthening Market Position

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Hellenic Telecom Organization SA ( (HLTOY) ) has provided an update.

Hellenic Telecommunications Organization S.A. announced the purchase of 40,800 of its own shares as part of its 2025 Own Share Buy Back Programme. This move, which aligns with EU regulations, increases the company’s holding to 3,607,569 own shares, representing 0.893% of the total outstanding shares, potentially impacting its market positioning and 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. It primarily focuses on the Greek market and is a significant player in the region’s telecom sector.

Find detailed analytics on HLTOY stock on TipRanks’ Stock Analysis page.

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