TietoEVRY Buys Back 50,000 Shares on Helsinki Exchange

TietoEVRY ( (GB:0KG0) ) just unveiled an announcement.

TietoEVRY has executed a share repurchase on the Helsinki Stock Exchange, buying 50,000 TIETO shares on 4 March 2026 at an average price of EUR 18.4988 per share, for a total consideration of EUR 924,940. Following this transaction, the company now holds 1,038,572 of its own shares, indicating continued use of share buybacks as part of its capital management.

The repurchase was carried out in accordance with EU market abuse and buyback regulations, ensuring transparency and compliance in its execution. The move may be interpreted as a signal of confidence in the company’s valuation and longer-term prospects, and it has potential implications for share liquidity and earnings per share for existing investors.

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 provides mission-critical solutions through specialized units Tieto Caretech, Tieto Banktech, Tieto Indtech and Tieto Tech Consulting, serving diverse industries with vertical software, design, cloud and AI expertise from a workforce of about 14,000 employees.

The company generates approximately EUR 2 billion in annual revenue and is listed on NASDAQ Helsinki, NASDAQ Stockholm and Oslo Børs. Its positioning as a provider of advanced digital and AI-driven solutions underscores its strategic role in supporting customers’ innovation and technology transformation across key sectors.

Average Trading Volume: 411,323

Current Market Cap: €2.16B

For a thorough assessment of 0KG0 stock, go to TipRanks’ Stock Analysis page.