Announcement Cancellation & Deletion of Own Shares

Summary by AI BETAClose X

Hellenic Telecommunications Organization S.A. is cancelling 9,799,155 own shares, with a nominal value of €2.83 each, acquired under buyback programs between May 2, 2025, and April 30, 2026. This cancellation will reduce the company's share capital by €27,731,608.65 to €1,115,172,740.76, and the total number of shares will decrease to 394,053,972. The amendment to the company's Articles of Incorporation has been approved and registered, with the share cancellation and delisting from Euronext Athens effective July 17, 2026.

Disclaimer*

Hellenic Telecomms Organization S A
15 July 2026
 

                            Announcement Cancellation & Deletion of Own Shares

 

Αthens, July 15, 2026 - Hellenic Telecommunications Organization S.A. ("OTE S.A." or the "Company") announces that, following the decision of the Ordinary Shareholders' General Meeting held on June 9, 2026, 9,799,155 own shares, with a nominal value of €2.83 each, will be cancelled, in accordance with Article 49 of Law 4548/2018. These shares were acquired between May 2, 2025, and  April 30, 2026, under the Company's approved share buyback programmes.

As a result, OTE's share capital will be reduced by €27,731,608.65, from €1,142,904,349.41 to €1,115,172,740.76 and the total number of registered shares will decrease from 403,853,127 to 394,053,972, each with a nominal value of €2.83.

The related amendment to article 5 of the Company's Articles of Incorporation was approved by the Ministry of Development, under decision No. 4132747ΑΠ/02-07-2026 and registered with the General Commercial Registry (G.E.MI.) on July 2, 2026. 

Euronext Athens was notified of the abovementioned decrease of the share capital on July 14, 2026. The cancellation and delisting of the 9,799,155 own shares from Euronext Athens will take effect on July 17, 2026.

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FOR FURTHER INFORMATION:

OTE GROUP INVESTOR RELATIONS

Τel. + 30 210-6117364, +30 210-6118190

E-mail: iroffice@ote.gr, eboua@ote.gr, sziavra@ote.gr

 

 

 

 


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