Hellenic Telecom’s Strategic Share Buyback Boosts Holdings

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

Hellenic Telecom Organization SA has repurchased 414,128 of its own shares, worth over €6.15 million, as part of its 2024 Buy Back Programme. This move increases the company’s total holdings to 5,768,775 shares, representing 1.398% of its outstanding shares. Such buyback activities can signal confidence in the company’s financial health and potentially boost shareholder value.

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