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Hellenic Telecom Organization SA ( (HLTOY) ) just unveiled an announcement.
OTE S.A. announced the distribution of an extraordinary gross dividend of €0.1019 per share, slightly higher than the initially stated €0.10, reflecting the allocation of dividends corresponding to 7,405,921 treasury shares held by the company following the sale of Telekom Romania Mobile Communications. After a 5% withholding tax, shareholders will receive a net dividend of €0.096805 per share, with the shares trading ex-dividend on December 22, 2025, a record date of December 23, 2025, and payment on December 30, 2025 via Piraeus Bank, underscoring the company’s intent to return proceeds from asset disposals to investors while setting clear timelines for collection and eventual write-off of unclaimed dividends.
More about Hellenic Telecom Organization SA
Hellenic Telecommunications Organization S.A. (OTE S.A.) is Greece’s incumbent telecom operator, providing fixed and mobile telephony, broadband, and related telecommunications services primarily to the Greek market, with additional activities in Southeast Europe through selected subsidiaries and disposals such as Telekom Romania Mobile Communications.
Learn more about HLTOY stock on TipRanks’ Stock Analysis page.