Hellenic Telecom Organization S.A. (ADR) (HLTOY) has released an update.
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The Hellenic Telecommunications Organization S.A. (OTE) has reported the acquisition of 348,286 of its own shares within a week as part of its 2024 Share Buyback Program, with a total spend of approximately 4.94 million euros. This strategic buyback has led to the company holding 1.119% of its total outstanding shares. The move is a part of the Company’s ongoing efforts to enhance shareholder value and is in compliance with EU regulations.
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