OTE repurchases 429,216 shares in week-long buyback program

Published 13/10/2025, 08:24
OTE repurchases 429,216 shares in week-long buyback program

ATHENS - Hellenic Telecommunications Organization S.A. (OTE) purchased 429,216 of its own shares between October 6-10, 2025, as part of its 2025 Share Buy Back Programme, according to a company statement released Monday.

The Greek telecommunications provider spent a total of €6,826,894.93 on the share repurchases, at an average price of €15.90550 per share. The daily transactions ranged from a low of €15.71 to a high of €16.12 per share throughout the week.

The company’s buyback activity was distributed across five consecutive trading days, with the largest single-day purchase occurring on October 7 when OTE acquired 91,711 shares for approximately €1.46 million.

Following these transactions, OTE now holds 5,562,625 of its own shares, representing 1.377% of its total outstanding shares.

The share repurchase program complies with European Union regulations, including Regulation No 596/2014 of the European Parliament and Council of April 16, 2014, and the Commission Delegated Regulation (EU) 2016/1052 of March 8, 2016, according to the company’s press release.

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