Hellenic Telecom Organization SA (HLTOY) has released an update.
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Hellenic Telecommunications Organization S.A. has announced the purchase of 279,164 shares as part of its 2024 Own Share Buy Back Programme, amounting to a total of €4.36 million. This move increases the company’s treasury shares to 4,515,302, representing 1.094% of total outstanding shares. Investors might find this an intriguing development as share buybacks can influence stock prices by reducing supply and potentially increasing demand.
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