Hellenic Telecom Organization SA (HLTOY) has released an update.
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Hellenic Telecommunications Organization S.A. (OTE) announced the purchase of 393,835 of its own shares as part of its 2024 Buy Back Programme, totaling approximately €6.02 million. This strategic move increases OTE’s held shares to 4,909,137, representing 1.190% of the total outstanding shares. Such buybacks can potentially enhance shareholder value and signal confidence in the company’s future prospects.
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