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TietoEVRY ( (GB:0KG0) ) has shared an announcement.
Tieto has repurchased 30,000 of its own shares on the Helsinki Stock Exchange at an average price of EUR 18.97 per share, for a total consideration of about EUR 569,000. Following this transaction, the company now holds 1,250,000 treasury shares, with the buyback conducted under applicable EU market abuse and share repurchase regulations.
The move reflects an ongoing capital management strategy that can support earnings per share metrics and provide flexibility for future uses such as incentive programs or potential corporate actions. The execution via Nordea Bank and compliance with European regulations underline Tieto’s focus on transparent market operations across its Nordic exchange listings.
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, generating around EUR 2 billion in annual revenue. It delivers mission-critical solutions via its specialized Tieto Caretech, Tieto Banktech, Tieto Indtech and Tieto Tech Consulting units, serving diverse industries with vertical software, cloud, design and AI expertise.
Average Trading Volume: 423,331
Current Market Cap: €2.17B
For a thorough assessment of 0KG0 stock, go to TipRanks’ Stock Analysis page.