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Silchester Reduces Stake in Tieto, Impacting Market Dynamics

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Silchester Reduces Stake in Tieto, Impacting Market Dynamics

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TietoEVRY ( (GB:0KG0) ) just unveiled an announcement.

Silchester International Investors LLP has reduced its shareholding in Tieto to 14.97%, with the Silchester International Investors International Value Equity Trust holding 6.3% of the shares. This change in shareholding indicates a shift in investment strategy, potentially impacting Tieto’s market perception and stakeholder interests.

The most recent analyst rating on (GB:0KG0) stock is a Hold with a EUR16.00 price target. To see the full list of analyst forecasts on TietoEVRY stock, see the GB:0KG0 Stock Forecast page.

More about TietoEVRY

Tieto is a leading software and digital engineering services company with a global market reach. It offers mission-critical solutions through specialized software businesses such as Tieto Caretech, Tieto Banktech, and Tieto Indtech, alongside TietoTech Consulting. The company employs around 15,000 experts in vertical software, design, cloud, and AI, with an annual revenue of approximately EUR 2 billion. Tieto’s shares are listed on NASDAQ exchanges in Helsinki and Stockholm, as well as on Oslo Børs.

Average Trading Volume: 302,707

Current Market Cap: €2.17B

For detailed information about 0KG0 stock, go to TipRanks’ Stock Analysis page.

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