Oil prices rebound sharply on smaller-than-feared OPEC+ output hike
ATHENS - Hellenic Telecommunications Organization S.A. (OTE) purchased 69,880 of its own shares between September 8 and September 12, 2025, as part of its 2025 Share Buy Back Programme, the company announced Monday.
The Greek telecommunications provider spent a total of €1,137,641.19 on the repurchases, at an average price of €16.28 per share. The daily purchases ranged from 1,381 shares on September 12 to 27,499 shares on September 9.
According to the announcement, OTE paid varying prices throughout the week, with the lowest price being €16.11 on September 9 and the highest reaching €16.73 on September 12.
Following these transactions, the company now holds 4,328,815 of its own shares, representing 1.072% of its total outstanding shares.
The share repurchase activity was conducted in accordance with Regulation (EU) No 596/2014 of the European Parliament and the Commission Delegated Regulation (EU) 2016/1052, as stated in the company’s press release.
OTE’s buyback program represents a continued investment in its own stock as part of its capital allocation strategy. The company has been systematically repurchasing shares throughout 2025.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.