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An announcement from TietoEVRY ( (GB:0KG0) ) is now available.
TietoEVRY, operating under the Tieto brand, focuses on vertical software, design, cloud and AI services for customers across multiple industries. Its approximately 14,000 experts support clients with mission-critical digital solutions via specialized units and consulting, underpinning its position as a major Nordic-listed technology provider.
Tieto has repurchased 50,000 of its own shares on the Helsinki Stock Exchange at an average price of EUR 18.6511, for a total consideration of EUR 932,555. Following the transaction, the company holds 858,572 shares in treasury, with the buyback executed under applicable EU market abuse and buyback regulations, indicating ongoing active capital management and potential support for its share price or future incentive plans.
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, branded as Tieto, is a leading software and digital engineering services company with a global market reach. It delivers mission-critical solutions through its specialized software units Tieto Caretech, Tieto Banktech and Tieto Indtech, alongside its Tieto Tech Consulting business, generating around EUR 2 billion in annual revenue and listing its shares in Helsinki, Stockholm and Oslo.
Average Trading Volume: 384,186
Current Market Cap: €2.15B
For detailed information about 0KG0 stock, go to TipRanks’ Stock Analysis page.