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The latest announcement is out from Hellenic Telecom Organization SA ( (HLTOY) ).
Hellenic Telecommunications Organization S.A. has continued its 2026 share buyback programme, repurchasing 155,672 own shares between 9 and 13 March for a total consideration of about €2.6 million at an average price of €16.71. Following these transactions, OTE now holds 8,368,621 treasury shares, representing approximately 2.07% of its total outstanding share capital, underscoring ongoing capital management efforts that may support shareholder value and earnings per share.
The buybacks, executed on multiple trading days with prices ranging from €16.27 to €17.34, reflect active use of authorized share repurchase tools within the framework of European market abuse and safe-harbour regulations. This incremental increase in treasury stock slightly reduces the free float and signals management’s continued confidence in the company’s financial position and long-term prospects, with potential implications for future capital allocation strategies.
More about Hellenic Telecom Organization SA
Hellenic Telecommunications Organization S.A. (OTE) is a leading Greek telecommunications provider, offering fixed-line and mobile telephony, broadband, and related digital services. The company operates primarily in Greece and the wider region, serving retail and corporate customers with connectivity and ICT solutions in a competitive European telecoms market.
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