Hellenic Telecom’s Strategic Share Buyback Initiative

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

Hellenic Telecommunications Organization S.A. (OTE) has recently acquired 228,198 of its own shares between December 2nd and 6th, 2024, as part of its 2024 Own Share Buy Back Programme. This strategic move, representing 1.521% of the company’s total outstanding shares, involved a total investment of approximately €3.43 million. Such buyback initiatives can influence stock prices and signal confidence in the company’s financial health, making it of interest to market watchers.

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