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The latest announcement is out from Hellenic Telecom Organization SA ( (HLTOY) ).
OTE announced the purchase of 35,000 of its own shares between December 23 and December 27, 2024, as part of its 2024 Own Share Buy Back Programme. This transaction results in OTE holding 7,014,898 of its own shares, representing 1.7% of its total outstanding shares, highlighting the company’s active management of its equity and potential confidence in its market valuation.
More about Hellenic Telecom Organization SA
Hellenic Telecommunications Organization S.A. (OTE) operates in the telecommunications industry, providing a range of services including fixed-line and mobile telephony, broadband, and television services. The company focuses primarily on the Greek market and is a key player in the region’s telecom sector.
YTD Price Performance: 12.30%
Average Trading Volume: 2,361
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $6.3B
For detailed information about HLTOY stock, go to TipRanks’ Stock Analysis page.
