tiprankstipranks

OTE Completes Purchase in Share Buyback Scheme

OTE Completes Purchase in Share Buyback Scheme

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

Hellenic Telecommunications Organization S.A (OTE) disclosed the acquisition of 380,438 of its own shares, as part of its 2024 Share Buyback Program, between June 17 and June 21, 2024. The total investment for the shares reached €5,144,593.67, which now positions the company with 1.530% of its own shares in possession. This move could signal confidence by OTE’s management in the company’s valuation and future prospects.

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App