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Hellenic Telecom Organization SA ( (HLTOY) ) just unveiled an announcement.
Hellenic Telecommunications Organization S.A. has continued its 2026 share buyback programme, repurchasing 415,935 shares between 2 and 6 March for a total consideration of about €6.92 million at an average price of €16.64. Following these transactions, the company now holds 8,212,949 treasury shares, representing 2.034% of its outstanding share capital, underscoring ongoing capital management efforts that can support earnings per share and signal confidence to shareholders.
The buyback activity, executed within the framework of European market abuse and safe-harbour regulations, reflects OTE’s use of excess liquidity to return value to investors while potentially providing flexibility for future corporate purposes such as employee plans or balance-sheet optimization. The accumulation of treasury stock may also influence the stock’s free float and trading dynamics, and will be closely watched by market participants assessing OTE’s capital allocation strategy.
More about Hellenic Telecom Organization SA
Hellenic Telecommunications Organization S.A. (OTE) is a leading telecom operator in Greece, providing fixed-line, mobile, broadband, and related digital services to retail and business customers. It plays a central role in the Greek communications market, with its shares actively traded and closely followed by domestic and international investors.
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