27th Jun 2016 15:09
Announcement
BUYBACK OF OWN SHARES
Athens, June 27, 2016 - The company "Hellenic Telecommunications Organization S.A." (OTE S.A. or the Company), announces its intention to buyback, during the period from 27/6/2016 until 31/8/2016, 23,000 own shares, namely about 0.005% of the Company's paid-up share capital, at a maximum purchase price of €15 per share and a minimum purchase price of €2 per share.
OTE S.A. intends to purchase the above shares within the framework of implementation of the executives' incentive programs, as approved by the Company's Shareholders' General Meeting.
The purchases will be made in accordance with the Greek and ΕU legislation on buy-back programs, as in force.
About OTE
The OTE Group is the largest telecommunications provider in the Greek market and one of the leading telecom groups in Southeast Europe with presence in Greece, Romania and Albania. OTE is among the largest listed companies, with respect to market capitalization, in the Athens Stock Exchange.
OTE Group offers the full range of telecommunications services: from fixed-line and mobile telephony, broadband services, to pay television and ICT solutions. In addition to its core telecommunications activities, the Group is also involved in maritime communications, real-estate and professional training.
Additional Information is also available on https://www.cosmote.gr.
FOR FURTHER INFORMATION:
OTE GROUP INVESTOR RELATIONS Τel. +30 210-6111574 E-mail: [email protected] Fax: +30 210-6111030 |
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