Hellenic Telecom buys back 221,497 shares worth €3.4 million

Published 28/07/2025, 09:54
Hellenic Telecom buys back 221,497 shares worth €3.4 million

ATHENS - Hellenic Telecommunications Organization S.A. (OTE) purchased 221,497 of its own shares between July 21-25, 2025, as part of its 2025 Share Buy Back Programme, according to a company statement.

The Greek telecommunications provider spent approximately €3.4 million on the share repurchases, with an average price of €15.35 per share. The daily transactions ranged from a low of €15.20 to a high of €15.53 per share.

The largest single-day purchase occurred on July 22, when OTE acquired 106,000 shares for about €1.62 million at an average price of €15.26.

Following these transactions, OTE now holds 3,364,849 of its own shares, representing 0.833% of the company’s total outstanding shares.

The company issued the announcement in compliance with European Union regulations, specifically Regulation No 596/2014 of the European Parliament and Council of April 16, 2014, and Commission Delegated Regulation 2016/1052 of March 8, 2016.

OTE, which operates as the largest telecommunications provider in Greece, regularly updates the market on its share repurchase activities through official statements.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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