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The latest announcement is out from Hellenic Telecom Organization SA ( (HLTOY) ).
Hellenic Telecommunications Organization S.A. (OTE) has announced the purchase of 212,347 of its own shares as part of its 2025 Own Share Buy Back Programme. This move, which aligns with regulatory requirements, increases the company’s total holdings to 9,063,093 shares, representing 2.196% of its outstanding shares. This strategic buyback is likely aimed at enhancing shareholder value and optimizing the company’s capital structure.
More about Hellenic Telecom Organization SA
Hellenic Telecommunications Organization S.A. (OTE) is a prominent player in the telecommunications industry, offering a wide range of services including fixed-line and mobile telephony, broadband, and pay television. The company primarily focuses on the Greek market, providing essential communication services to both individual and business customers.
YTD Price Performance: 22.86%
Technical Sentiment Signal: Buy
Current Market Cap: $7.75B
See more insights into HLTOY stock on TipRanks’ Stock Analysis page.