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The latest announcement is out from TietoEVRY ( (GB:0KG0) ).
Tieto has repurchased 50,000 of its own shares on the Helsinki Stock Exchange at an average price of EUR 18.1129, for a total consideration of about EUR 905,645. Following this transaction, the company holds 1,470,000 treasury shares, with the buyback carried out under applicable EU market abuse and share repurchase regulations.
The latest share repurchase supports Tieto’s ongoing capital management strategy and may enhance earnings per share, while signaling confidence in the company’s valuation and long‑term prospects. The operation also underlines Tieto’s adherence to European regulatory standards for market transactions, which is relevant for institutional investors and other capital‑market stakeholders.
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 Helsinki- and Stockholm-listed software and digital engineering services company with global reach, generating about EUR 2 billion in annual revenue. It delivers mission-critical solutions through specialized software units Tieto Caretech, Tieto Banktech and Tieto Indtech, as well as Tieto Tech Consulting, employing roughly 14,000 experts in vertical software, design, cloud and AI across multiple industries.
Average Trading Volume: 408,556
Current Market Cap: €2.16B
Find detailed analytics on 0KG0 stock on TipRanks’ Stock Analysis page.