Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest announcement is out from TietoEVRY ( (GB:0KG0) ).
TietoEVRY has repurchased 50,000 of its own shares on the Helsinki Stock Exchange at an average price of EUR 18.8367, for a total cost of about EUR 0.94 million. Following the transaction, the company now holds 1,088,572 treasury shares, with the buyback conducted under EU market abuse and share repurchase regulations.
The latest share repurchase forms part of TietoEVRY’s ongoing capital management, potentially supporting metrics such as earnings per share and signaling confidence in the company’s valuation. The move may also enhance flexibility for future use of treasury shares in incentive programs or corporate transactions, while underlining disciplined compliance with European securities rules.
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 global market reach, generating about EUR 2 billion in annual revenue. It serves customers across multiple industries with mission-critical solutions via its specialized Tieto Caretech, Tieto Banktech, Tieto Indtech and Tieto Tech Consulting units, employing around 14,000 experts in vertical software, design, cloud and AI.
Average Trading Volume: 414,348
Current Market Cap: €2.16B
Find detailed analytics on 0KG0 stock on TipRanks’ Stock Analysis page.