Greek telecoms operator Hellenic Telecommunications Organization S.A. (OTE) repurchased 237,155 of its own shares last week for €4.71 million, the company said in a statement.
The transactions, completed between August 17 and 21 under OTE’s 2026 share buyback program, were executed at an average price of €19.87 per share. The price range for the purchases spanned €19.75 to €20.04, with the largest single-day acquisition occurring on Wednesday when 66,717 shares were bought for €1.33 million.
On Friday, OTE purchased 22,996 shares for €458,398, marking the smallest transaction of the week. Following the buyback, the company holds 2,526,760 of its own shares, representing 0.641% of its total outstanding shares.
The buyback was conducted in compliance with European Union regulations, including Regulation (EU) No 596/2014 and Commission Delegated Regulation (EU) 2016/1052. The announcement was issued via a press release on Monday.
OTE did not provide additional commentary on the rationale behind the repurchase or future buyback plans.
