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TietoEVRY ( (GB:0KG0) ) has shared an announcement.
Tieto has repurchased 60,000 of its own shares on the Helsinki Stock Exchange at an average price of EUR 18.1819 per share, for a total consideration of about EUR 1.09 million. Following this transaction, the company holds 1,026,693 treasury shares, reflecting ongoing capital management actions that can influence share liquidity and ownership structure.
The buyback was carried out via Nordea Bank and conducted under the EU Market Abuse Regulation and related delegated rules governing share repurchase programs. Such regulated repurchases may support Tieto’s capital allocation strategy and can signal confidence in the company’s long‑term prospects to investors, while potentially enhancing earnings per share over time.
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, delivering mission‑critical solutions through specialized units Tieto Caretech, Banktech and Indtech as well as its Tech Consulting arm. With around 14,000 experts in vertical software, design, cloud and AI, it generates about EUR 2 billion in annual revenue and is listed in Helsinki, Stockholm and on Oslo Børs.
YTD Price Performance: 1.65%
Average Trading Volume: 425,925
Current Market Cap: €2.15B
Learn more about 0KG0 stock on TipRanks’ Stock Analysis page.