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OTE Enhances Shareholder Value with Strategic Buy Back

Story Highlights
  • OTE purchased 278,267 shares for €4.44 million under its 2025 Buy Back Programme.
  • The buyback increases OTE’s treasury shares to 2.732% of total shares, boosting shareholder value.
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OTE Enhances Shareholder Value with Strategic Buy Back

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An update from Hellenic Telecom Organization SA ( (HLTOY) ) is now available.

Hellenic Telecommunications Organization S.A. announced the purchase of 278,267 of its own shares as part of its 2025 Buy Back Programme, totaling approximately €4.44 million. This strategic move, conducted under EU regulations, increases the company’s treasury shares to 2.732% of its total outstanding shares, potentially enhancing shareholder value and signaling confidence in its market position.

More about Hellenic Telecom Organization SA

Hellenic Telecommunications Organization S.A. (OTE) is a leading telecommunications company in Greece, providing a wide range of services including fixed-line and mobile telephony, broadband, and pay television. The company focuses on delivering advanced communication solutions to both individual and business customers in the Greek market.

For an in-depth examination of HLTOY stock, go to TipRanks’ Overview page.

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