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TietoEVRY ( (GB:0KG0) ) just unveiled an update.
Tieto, a Helsinki- and Stockholm-listed software and digital engineering services company focused on mission-critical solutions across sectors such as healthcare, banking and industry, reported annual revenues of about EUR 2 billion and employs roughly 14,000 technology specialists worldwide. Its broad portfolio spans vertical software, consulting and advanced cloud and AI capabilities, underpinning its role as a key technology partner in the Nordic and global markets.
The company has repurchased 60,000 of its own shares on the Helsinki Stock Exchange at an average price of EUR 17.6739 per share, for a total consideration of about EUR 1.06 million, bringing its total treasury holding to 1,936,693 shares. The buyback, executed via Nordea Bank in accordance with EU market abuse and buyback regulations, signals continued active capital management and may influence Tieto’s share liquidity and capital structure going forward.
The most recent analyst rating on (GB:0KG0) stock is a Hold with a EUR18.00 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 global market reach, delivering mission-critical solutions through its specialized Tieto Caretech, Tieto Banktech and Tieto Indtech businesses, as well as Tieto Tech Consulting. The company employs around 14,000 experts in vertical software, design, cloud and AI, generates approximately EUR 2 billion in annual revenue, and is listed on the NASDAQ exchanges in Helsinki and Stockholm, and on Oslo Børs.
Average Trading Volume: 423,998
Current Market Cap: €2.08B
Find detailed analytics on 0KG0 stock on TipRanks’ Stock Analysis page.