OTE purchases 396,602 own shares in buyback program

Published 16/06/2025, 08:34
OTE purchases 396,602 own shares in buyback program

ATHENS - Hellenic Telecommunications Organization S.A. (OTE) has acquired 396,602 of its own shares between June 10-13, 2025, as part of its 2025 Share Buy Back Programme, the company announced Monday.

The telecommunications provider spent a total of €6,714,351.17 on the purchases, with an average price of €16.93 per share. The daily transactions ranged from a low of €16.60 to a high of €17.42 per share.

The breakdown of purchases shows OTE acquired 108,343 shares on June 10, 110,535 shares on June 11, 111,430 shares on June 12, and 66,294 shares on June 13.

Following these transactions, OTE now holds 10,208,862 own shares, representing 2.474% of its total outstanding shares.

The company stated in a press release that the announcement complies 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.

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