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TietoEVRY ( (GB:0KG0) ) has shared an announcement.
Tieto repurchased 30,000 of its own shares on 8 May 2026 on the Helsinki Stock Exchange at an average price of EUR 19.8840 per share, for a total cost of EUR 596,520. Following this transaction, the company now holds 650,000 treasury shares, signaling continued use of share buybacks as part of its capital management strategy.
The buybacks were carried out in line with EU market abuse regulation and the related delegated regulation, underscoring compliance with updated rules on issuer transactions. Tieto also noted changes in Finnish securities law that extend the deadline for notifying own-share transactions to seven trading days, meaning future share repurchase disclosures will follow this longer reporting window.
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 specialized businesses in healthcare, banking, industry and technology consulting. 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 on stock exchanges in Helsinki, Stockholm and Oslo.
Average Trading Volume: 396,894
Current Market Cap: €2.34B
Learn more about 0KG0 stock on TipRanks’ Stock Analysis page.
