Tieto Buys Back 50,000 Shares on Helsinki Exchange

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

Tieto Corporation, a Nordic-listed software and digital engineering services provider, has repurchased 50,000 of its own shares on the Helsinki Stock Exchange at an average price of EUR 18.4023 per share, for a total consideration of about EUR 920,115. As a result, the company now holds 2,046,693 treasury shares, with the buyback executed by Nordea Bank on Tieto’s behalf in full compliance with EU market abuse and share repurchase regulations.

The transaction underscores Tieto’s continued use of share buybacks as a capital management tool, potentially signaling confidence in its valuation and offering additional flexibility for future uses such as incentive programs or balance sheet optimization. The move may support shareholder value over time by adjusting the company’s free-float and capital structure, while reaffirming adherence to strict regulatory frameworks in the EU securities markets.

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, providing mission-critical solutions through its specialized vertical software units Tieto Caretech, Tieto Banktech and Tieto Indtech, as well as its Tieto Tech Consulting business. The company employs around 14,000 experts in software, design, cloud and AI, generates approximately EUR 2 billion in annual revenue, and its shares are listed on the Nasdaq exchanges in Helsinki and Stockholm, as well as on Oslo Børs.

YTD Price Performance: 0.42%

Average Trading Volume: 431,283

Current Market Cap: €2.13B

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