Tieto Cancels 1 Million Treasury Shares in Ongoing EUR 150 Million Buyback

TietoEVRY ( (GB:0KG0) ) just unveiled an announcement.

Tieto has cancelled 1,000,000 treasury shares as part of its previously announced EUR 150 million share buyback programme aimed at maintaining an efficient capital structure in line with its capital allocation principles. Following the latest cancellation, which was registered with the Finnish Trade Register on 30 April 2026, the total number of shares and votes decreases to 116,250,150, while the company now holds 470,000 treasury shares, signaling an ongoing commitment to shareholder-focused capital management.

The company plans to continue cancelling repurchased shares on a monthly basis, gradually reducing its share count over time and potentially enhancing earnings per share and returns for investors. The registration of the cancellation and updated treasury share position across its Nordic listings underscores Tieto’s active balance sheet management and may strengthen its positioning in the capital markets by demonstrating disciplined capital allocation and confidence in its long-term prospects.

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 Tieto Caretech, Tieto Banktech, Tieto Indtech and Tieto Tech Consulting businesses. The company employs about 14,000 experts in vertical software, design, cloud and AI, generates annual revenue of around EUR 2 billion, and its shares are listed in Helsinki, Stockholm and Oslo.

Average Trading Volume: 407,849

Current Market Cap: €2.14B

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