Brief: OTE Says It Intends To Distribute C. 95% Of FCF It Expects To Generate In 2024

Hellenic Telecommunications Organization SA

07/08/2024 08:07

Aug 7 (Reuters) - Hellenic Telecommunications
Organization SA  OTEr.AT :
    * FOR FY 2024 REITERATES ITS FCF GUIDANCE OF C. EUR 470
MILLION
    * INTENDS TO DISTRIBUTE C. 95% OF FCF IT EXPECTS TO GENERATE
IN
2024
    * 2024 TOTAL SHAREHOLDER REMUNERATION IS TARGETED AT C. EUR
450
MILLION COMPRISING EUR 297 MILLION IN CASH DIVIDEND AND C. EUR
153 MILLION IN SHARE BUYBACK
    * IN 2024 EXPECTS CAPEX IN THE RANGE OF EUR 610 MILLION TO
EUR 620
MILLION


Further company coverage:  OTEr.AT 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 587785269;))