Tieto Reverts to Tieto Name in Brand Simplification Move

TietoEVRY ( (GB:0KG0) ) has provided an announcement.

Tieto has announced that shareholders approved a change of the company’s trade name from Tietoevry Oyj to Tieto Oyj, with corresponding changes in Swedish and English versions, and the amendment has been registered in the Finnish Trade Register. The name change will be reflected on Nasdaq Helsinki, Nasdaq Stockholm and Oslo Børs after exchange processing, while the company’s trading ticker and ISIN for its shares will remain unchanged, signaling a brand simplification without affecting securities identifiers for investors.

The decision to revert to the Tieto name consolidates the company’s brand across its Nordic and global markets, potentially strengthening recognition of its software and digital engineering offering. As the change does not alter trading codes or share structures, operational and administrative impacts on shareholders and market participants are expected to be minimal, focusing the transition mainly on corporate identity and communications updates.

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 a global market reach, focusing on mission-critical solutions for sectors such as healthcare, financial services and industrial operations. Through specialized units Tieto Caretech, Tieto Banktech, Tieto Indtech and Tieto Tech Consulting, the company employs about 14,000 experts in vertical software, design, cloud and AI, generates annual revenue of roughly EUR 2 billion and is listed in Helsinki, Stockholm and Oslo.

YTD Price Performance: 0.42%

Average Trading Volume: 431,283

Current Market Cap: €2.13B

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