tiprankstipranks
Advertisement
Advertisement

Tietoevry AGM Backs Dividend, Name Change to Tieto and Expanded Share Buyback Mandate

Story Highlights
  • Tietoevry’s AGM approved a EUR 0.88 dividend, re-elected its board, and refined board remuneration.
  • Shareholders backed a rebrand to Tieto, governance updates, and authority for sizable share buybacks and issuances.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tietoevry AGM Backs Dividend, Name Change to Tieto and Expanded Share Buyback Mandate

Claim 55% Off TipRanks

TietoEVRY ( (GB:0KG0) ) has shared an update.

Tietoevry’s 2026 Annual General Meeting in Espoo approved all board and Nomination Board proposals, including the 2025 accounts, discharge of directors, and an EUR 0.88 per-share dividend to be paid in two EUR 0.44 instalments in April and October. Shareholders also re-elected most board members, added Mikko Kettunen, confirmed Tomas Franzén as chair and Marianne Dahl as vice chair, and approved a mixed cash-and-share board remuneration structure.

The AGM endorsed Deloitte Oy as both auditor and sustainability reporting assurance provider for 2026, and approved amendments to the Articles of Association to rename the company Tieto Oyj and formalize the vice chair role in governance processes. It also updated the Shareholders’ Nomination Board charter, tightened board qualification criteria, and authorised the board to repurchase up to 10% of shares and to issue new shares and related instruments, enhancing capital management flexibility and aligning governance with Finnish Corporate Governance Code recommendations.

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

Tietoevry, soon to be renamed Tieto, is a Nordic IT services and software company headquartered in Espoo, Finland, providing digital transformation, cloud, and software solutions to customers across Finland, Sweden, Norway, and broader international markets. The company operates with a strong corporate governance framework, including employee-elected board members and a growing focus on sustainability reporting and assurance.

Average Trading Volume: 425,053

Current Market Cap: €2.12B

Find detailed analytics on 0KG0 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1