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ATHENS - Hellenic Telecommunications Organization S.A. (OTE) purchased 466,645 of its own shares between June 16-20, 2025, as part of its 2025 Share Buy Back Programme, according to a company statement released Monday.
The telecommunications company spent €7.68 million on the repurchases at an average price of €16.47 per share. Daily purchase volumes ranged from 51,105 shares on June 16 to 126,846 shares on June 19, with prices fluctuating between a low of €15.80 and a high of €17.00 throughout the week.
Following these transactions, OTE now holds 10,675,507 of its own shares, representing 2.587% of the company’s total outstanding shares.
The company’s announcement noted that the share repurchases were conducted in accordance with European Union regulations, specifically Regulation No 596/2014 of the European Parliament and Council, and the Commission Delegated Regulation 2016/1052.
OTE is Greece’s largest telecommunications provider and operates in multiple Southeastern European markets. The company disclosed the information in a regulatory filing as required for public companies engaging in share repurchase activities.
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