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TietoEVRY ( (GB:0KG0) ) has shared an update.
Tieto repurchased 30,000 of its own shares on 7 May 2026 on the Helsinki Stock Exchange in a buy transaction at an average price of EUR 19.9725 per share, for a total consideration of EUR 599,175. Following this latest transaction, the company now holds 620,000 treasury shares, with the buyback executed under applicable EU market abuse and share repurchase regulations, underscoring its continued use of capital management tools that can affect share liquidity and ownership structure.
The repurchase, carried out by Nordea Bank on Tieto’s behalf, reflects the company’s ongoing share buyback activities within the framework of European securities rules and Helsinki market practices. Such buybacks can support the company’s capital allocation strategy, potentially influencing earnings per share and signaling management’s confidence in the firm’s long-term prospects to investors in Nordic equity 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 global market reach, providing mission-critical solutions through its specialized Caretech, Banktech and Indtech software units, as well as its Tech Consulting business. Serving customers across multiple industries, 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.
Average Trading Volume: 399,257
Current Market Cap: €2.33B
Learn more about 0KG0 stock on TipRanks’ Stock Analysis page.