tiprankstipranks
Advertisement
Advertisement

Tieto boosts treasury stock with latest share repurchase on Helsinki exchange

Story Highlights
  • Tieto, a leading Nordic software and digital engineering firm, serves critical sectors via specialized vertical solutions and consulting.
  • Tieto repurchased 40,000 shares in Helsinki for EUR 751,344, lifting its treasury holdings to 816,693 as part of ongoing capital management.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Claim 55% Off TipRanks

The latest update is out from TietoEVRY ( (GB:0KG0) ).

Tieto Corporation, a major Nordic software and digital engineering group, continues to build its position as a provider of mission-critical IT solutions for sectors such as healthcare, banking and industry. With a workforce of around 14,000 specialists and approximately EUR 2 billion in annual revenue, it operates from a strong platform across the Nordic and broader European markets.

The company repurchased 40,000 of its own shares on the Helsinki Stock Exchange on 7 April 2026 at an average price of EUR 18.7836, for a total consideration of EUR 751,344. Following this transaction, Tieto holds 816,693 treasury shares, with the buyback conducted under EU market abuse and safe-harbour rules, signalling ongoing active capital management that may support share liquidity and capital structure optimization.

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, supplying mission-critical solutions through its specialized verticals Tieto Caretech, Tieto Banktech, Tieto Indtech and its Tieto Tech Consulting business. The company employs around 14,000 experts in vertical software, design, cloud and AI, generates annual revenue of about EUR 2 billion, and is listed on NASDAQ Helsinki, NASDAQ Stockholm and Oslo Børs.

Average Trading Volume: 428,711

Current Market Cap: €2.27B

See more data about 0KG0 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1