Hellenic Telecommunications Organization S.A. (OTE S.A., -OTES), Greece's incumbent integrated telecommunications operator, has disclosed the purchase of 497,098 of its own shares between 2 and 6 November 2026 under its 2026 Own Share Buy Back Programme. The total consideration paid across the five trading days amounted to €9,419,130.12, at a blended average price of approximately €18.95 per share. Following the transactions, OTE S.A. now holds 6,488,674 own shares, representing 1.647% of the company's total outstanding shares. The disclosure was made in compliance with EU market abuse and buyback regulations.

Key Points

  • Hellenic Telecommunications Organization S.A. (OTE S.A., -OTES) is Greece's leading integrated telecoms group
  • OTE repurchased 497,098 own shares across five sessions from 2 to 6 November 2026 under its 2026 buyback programme
  • Total spend was €9,419,130.12; average price €18.948; daily prices ranged from a low of €18.65 to a high of €19.21
  • Investors may watch for further buyback tranches and any update to the programme's overall size or duration

OTE S.A. Spends €9.42 Million Across Five Trading Days Under 2026 Buyback Programme

OTE S.A. conducted daily repurchases on each of the five consecutive trading sessions between 2 and 6 November 2026. The highest single-day volume was 105,000 shares purchased on 6 November at an average price of €18.7395, while the most expensive session on a per-share basis was 2 November, when 85,230 shares were acquired at an average of €19.0902. The lowest price recorded across the entire period was €18.65, also on 6 November, and the highest was €19.21 on 2 November, reflecting modest intra-week price variation within the Greek telecommunications sector.

OTE's Cumulative Treasury Share Position Rises to 6,488,674 Shares or 1.647% of Capital

As a result of the week's activity, OTE S.A.'s total holding of treasury shares rose to 6,488,674, equivalent to 1.647% of its total outstanding share capital. The buyback programme forms part of a capital management strategy that is common among large European telecoms operators. OTE S.A. provides fixed-line, mobile, broadband, and pay-television services, primarily operating across Greece, and is majority-owned by Deutsche Telekom. The scale of the company's treasury share accumulation may be of interest to investors monitoring capital return policies within the European telecoms sector.

Regulatory Framework Governing the OTE Share Repurchase Disclosure

The announcement was issued in accordance with Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014, commonly known as the Market Abuse Regulation, and Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, which sets out technical standards for buyback programmes and stabilisation measures. These regulations require listed companies to disclose transaction-level detail — including daily volume, total consideration, and average, lowest, and highest prices — ensuring transparency for market participants regarding the use of shareholder capital in repurchase activity.