OTE purchases 402,900 shares in weekly buyback program

Published 11/07/2025, 15:42
OTE purchases 402,900 shares in weekly buyback program

ATHENS - Hellenic Telecommunications Organization S.A. (OTE) acquired 402,900 of its own shares between July 7 and July 11, 2025, as part of its 2025 Share Buy Back Programme, according to a company statement released Friday.

The telecommunications company spent €6,293,153.26 on the purchases, with an average price of €15.62 per share. Daily purchase volumes ranged from 41,500 shares on July 9 to 115,500 shares on July 11, with daily average prices fluctuating between €15.44 and €15.77.

The lowest price paid during the period was €15.30 on July 11, while the highest was €15.85 on July 7.

Following these transactions, OTE now holds 11,675,998 of its own shares, representing approximately 2.83% of its 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, and the Commission Delegated Regulation 2016/1052.

OTE is Greece’s largest telecommunications provider, offering fixed-line, mobile, internet, and television services throughout the country.

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