OTE acquires 278,267 own shares in weekly buyback program

Published 07/07/2025, 08:10
OTE acquires 278,267 own shares in weekly buyback program

ATHENS - Hellenic Telecommunications Organization S.A. (OTE) purchased 278,267 of its own shares between June 30 and July 4, 2025, as part of its 2025 Share Buy Back Programme, according to a company statement released Monday.

The Greek telecommunications provider spent €4,439,153.66 on the share repurchases, at an average price of €15.95 per share. The daily transactions ranged from a high of 110,000 shares acquired on July 3 to a low of 23,857 shares on July 1.

Purchase prices fluctuated between €15.78 and €16.33 throughout the week, with the highest price recorded on June 30 and the lowest prices seen on July 3 and July 4.

Following these transactions, OTE now holds 11,273,098 of its own shares, representing 2.732% 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 the Commission Delegated Regulation 2016/1052 of March 8, 2016.

OTE, which operates in the telecommunications sector in Greece, provided the information through a press release statement.

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