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An announcement from TietoEVRY ( (GB:0KG0) ) is now available.
Tieto repurchased 30,000 of its own shares on the Helsinki Stock Exchange on 4 May 2026 in a buyback transaction executed at an average price of EUR 19.5920 per share, for a total consideration of EUR 587,760. Following this transaction, the company now holds 530,000 treasury shares, with the buyback conducted in line with EU market abuse and delegated regulations, underscoring its ongoing capital management strategy and adherence to regulatory standards.
The share repurchase may support Tieto’s flexibility in areas such as future incentive plans, balance sheet optimization or other corporate purposes, potentially signaling confidence in its valuation to investors. By continuing to conduct buybacks under a transparent and compliant framework, the company reinforces its commitment to orderly trading in its stock and to maintaining strong governance practices in the Nordic capital markets.
The most recent analyst rating on (GB:0KG0) stock is a Buy with a EUR21.00 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, providing mission-critical solutions through its specialized Tieto Caretech, Tieto Banktech and Tieto Indtech software units and Tieto Tech Consulting. 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 in Helsinki, Stockholm and on Oslo Børs.
YTD Price Performance: 6.47%
Average Trading Volume: 399,977
Current Market Cap: €2.23B
For a thorough assessment of 0KG0 stock, go to TipRanks’ Stock Analysis page.