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An announcement from TietoEVRY ( (GB:0KG0) ) is now available.
Tietoevry has repurchased 50,000 of its own shares on the Helsinki Stock Exchange at an average price of EUR 18.8665 per share, for a total consideration of EUR 943,325. Following this latest transaction, the company now holds 1,226,693 treasury shares, with the buyback conducted in accordance with EU market abuse and delegated regulations.
The ongoing share repurchase program reflects Tietoevry’s active capital management and may support its share-based incentive plans or balance sheet optimization, underscoring confidence in its financial position. Execution of the buybacks via Nordea Bank Oyj also signals adherence to strict regulatory standards, which is relevant for investors monitoring governance and transparency.
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 is a leading software and digital engineering services company with global market reach, providing mission-critical solutions across industries through its specialized Tieto Caretech, Tieto Banktech, Tieto Indtech and Tieto Tech Consulting businesses. The company employs around 14,000 experts in vertical software, design, cloud and AI, generates about EUR 2 billion in annual revenue, and is listed in Helsinki, Stockholm and Oslo.
Average Trading Volume: 413,635
Current Market Cap: €2.24B
Learn more about 0KG0 stock on TipRanks’ Stock Analysis page.