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ATHENS - Hellenic Telecommunications Organization S.A. (OTE) acquired 326,562 of its own shares last week as part of its 2025 share buyback program, according to a company statement released Monday.
The Greek telecommunications provider spent €5.16 million ($5.61 million) on the purchases, which were executed between October 13 and October 17, 2025, at an average price of €15.81 per share.
The daily transactions ranged from a low of 31,147 shares on Monday, October 13, to a high of 86,125 shares on Friday, October 17. Purchase prices fluctuated between €15.43 and €16.21 throughout the week.
Following these transactions, OTE now holds 5,889,187 of its own shares, representing approximately 1.46% of its total outstanding shares.
The announcement complies with European Union regulations regarding market transparency, specifically Regulation No 596/2014 of the European Parliament and Council Delegated Regulation 2016/1052.
OTE, which operates as the largest telecommunications provider in Greece, regularly updates investors on its share buyback activities as part of its capital management strategy.
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