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ATHENS - Hellenic Telecommunications Organization S.A. (OTE S.A.) announced Tuesday that shareholders will receive a dividend of €0.7415 gross per share for the fiscal year 2024, following approval at the company’s General Meeting held on June 23.
The dividend reflects an increase from the initially approved amount of €0.7216 per share, as it includes the dividend corresponding to 11,084,598 own shares held by the company on the ex-dividend date of July 3, 2025.
According to the company statement, the dividend is subject to a 5% withholding tax under current Greek tax law, resulting in a net payment of €0.704425 per share to shareholders, with exceptions for those falling under special provisions.
Shareholders registered in the Dematerialized Securities System of HELLENIC EXCHANGES S.A. on July 4, 2025 (Record Date) will be eligible to receive the payment, which will be distributed on July 9, 2025, through PIRAEUS BANK S.A.
The telecommunications company noted that dividend payments will be processed through participants in the Dematerialized Security System, such as banks and brokerage companies. Special provisions are in place for heirs of deceased beneficiaries whose securities are kept in Special Accounts.
Any unclaimed dividends will be forfeited to the Hellenic State if not collected within five years, by December 31, 2030.
The announcement was made in accordance with Law 3556/2007 and Athens Exchange regulations, based on a company press release.
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