OTE Completes Share Buyback, Acquires 348,790 Shares
Company Announcements

OTE Completes Share Buyback, Acquires 348,790 Shares

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

Hellenic Telecommunications Organization S.A. (OTE) announced the buyback of 348,790 of its own shares within the duration of 5th to 8th August 2024, as part of its 2024 Share Buyback Program, spending a total of €5,020,031.28. Following the transaction, OTE now holds 2,094,046 shares, representing 0.507% of its total outstanding shares. This move aligns with EU market regulations and showcases the company’s ongoing efforts to manage its share capital effectively.

For further insights into HLTOY stock, check out TipRanks’ Stock Analysis page.

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