OTE Executes Strategic Share Buyback Plan

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

Hellenic Telecommunications Organization S.A. (OTE) has reported the acquisition of 376,221 of its own shares as part of its 2024 Buy Back Programme, executed between June 3 and June 7, 2024. The company spent a total of €5,141,003.71 on the buyback, resulting in an ownership of 5,684,661 shares or 1.360% of its total outstanding shares. This strategic move aligns with EU financial regulations and underscores OTE’s commitment to enhancing shareholder value.

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