Hellenic Telecom Organization SA ( (HLTOY) ) has issued an announcement.
Hellenic Telecommunications Organization S.A. announced the purchase of 61,621 of its own shares as part of its 2025 Own Share Buy Back Programme. This acquisition, conducted over four days in April, reflects the company’s strategic move to manage its share capital, holding now a total of 8,722,579 own shares, which constitutes 2.114% of the total outstanding shares. The transaction aligns with EU regulations and indicates OTE’s commitment to enhancing shareholder value.
More about Hellenic Telecom Organization SA
Hellenic Telecommunications Organization S.A (OTE) operates in the telecommunications industry, providing a wide range of services including fixed-line and mobile telephony, broadband, and television services. The company primarily focuses on the Greek market and is a significant player in the region’s telecom sector.
YTD Price Performance: 17.71%
Average Trading Volume: 3,189
Technical Sentiment Signal: Sell
Current Market Cap: $7.32B
Find detailed analytics on HLTOY stock on TipRanks’ Stock Analysis page.