Greek telecoms operator Hellenic Telecommunications Organization S.A. (OTE) repurchased 237,155 of its own shares last week for €4.71 million, according to a regulatory filing.
The buyback, conducted between August 17 and 21, was executed at an average price of €19.87 per share, with the price ranging from €19.75 to €20.04. The largest single-day purchase occurred on August 19, when 66,717 shares were acquired for €1.33 million at an average price of €19.90. The smallest transaction took place on August 21, involving 22,996 shares for €458,398.
Following the repurchases, OTE held 2,526,760 of its own shares, equivalent to 0.641% of the company’s total outstanding shares. The transactions were conducted under the company’s 2026 share buyback program, as disclosed in compliance with European Union regulations.
The buybacks were reported in accordance with Regulation (EU) No 596/2014 and Commission Delegated Regulation (EU) 2016/1052, which govern market abuse and share repurchase disclosures in the EU.
