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Hellenic Telecom Organization SA ( (HLTOY) ) has provided an update.
Hellenic Telecommunications Organization S.A. has announced the purchase of 350,390 of its own shares as part of its 2024 Buy Back Programme. This move signals the company’s commitment to optimizing its capital structure and increasing shareholder value, holding now a total of 6,979,898 own shares, which is 1.691% of its total outstanding shares.
More about Hellenic Telecom Organization SA
Hellenic Telecommunications Organization S.A. (OTE) is a leading telecommunications provider in Greece, offering a range of services including fixed-line telephony, broadband, and mobile telecommunications. The company is focused on maintaining a significant presence in the Greek market and enhancing its service offerings.
YTD Price Performance: 12.32%
Average Trading Volume: 2,028
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $6.28B
For an in-depth examination of HLTOY stock, go to TipRanks’ Stock Analysis page.
