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The latest update is out from Hellenic Telecom Organization SA ( (HLTOY) ).
Hellenic Telecommunications Organization S.A. will launch an own-share buyback program on March 2, 2026, as part of its 2026 Shareholder Remuneration Policy, targeting a total size of about €177 million, with final volume dependent on share price and liquidity. Morgan Stanley Europe SE will manage the buyback at its discretion, with the repurchased shares intended for cancellation following shareholder approval, while OTE currently holds 7,797,014 own shares and is conducting the program under applicable EU market regulations.
The buyback underscores OTE’s commitment to returning capital to shareholders and may support its share price and capital structure efficiency, potentially enhancing earnings per share through the planned cancellation of repurchased stock. The move signals confidence in the company’s financial position and cash generation, reinforcing its stance as a mature telecom incumbent focused on shareholder value in a regulated European market environment.
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 focuses on the Greek market and surrounding region, serving consumers and businesses with connectivity and communications infrastructure.
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