OTE Completes Significant Share Buyback

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

Hellenic Telecommunications Organization S.A, commonly known as OTE, has announced the purchase of 326,400 of its own shares as part of its 2024 Share Buy Back Programme, a move that might interest investors tracking stock buybacks. The acquisitions, made between May 27 and May 31, 2024, cost the company a total of approximately €4.52 million, reflecting an average price of €13.84727 per share. After this transaction, OTE now holds about 1.270% of its total outstanding shares.

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