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OTE Executes Share Buyback, Acquiring 126,367 Shares

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OTE Executes Share Buyback, Acquiring 126,367 Shares

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

Hellenic Telecommunications Organization S.A. announced the purchase of 126,367 of its own shares as part of its 2025 Own Share Buy Back Programme. This transaction, conducted between March 24 and March 28, 2025, resulted in the company holding 8,087,604 own shares, representing 1.960% of its total outstanding shares. This strategic move aligns with the company’s efforts to manage its capital structure effectively and could potentially 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 primarily serves the Greek market and is a significant player in the region’s telecommunications sector.

YTD Price Performance: 9.14%

Average Trading Volume: 2,547

Technical Sentiment Signal: Strong Sell

Current Market Cap: $6.79B

For detailed information about HLTOY stock, go to TipRanks’ Stock Analysis page.

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