Tietoevry Enhances Share-Based Incentive Program with Share Repurchase

TietoEVRY ( (GB:0KG0) ) has provided an announcement.

Tietoevry Corporation has repurchased 40,000 of its own shares at an average price of EUR 16.1443 per share, totaling EUR 645,772, as part of its share-based incentive programs for key personnel. This transaction increases Tietoevry’s total number of shares held to 238,572, reflecting the company’s strategy to enhance its share-based incentive schemes, which may impact its market positioning and stakeholder interests.

The most recent analyst rating on (GB:0KG0) stock is a Hold with a EUR17.00 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 a global market reach, providing mission-critical solutions through specialized software businesses like Tietoevry Care, Tietoevry Banking, and Tietoevry Industry, as well as digital engineering through Tietoevry Create. The company employs 16,000 experts and generates an annual revenue of approximately EUR 2 billion. Tietoevry’s shares are listed on NASDAQ Helsinki, NASDAQ Stockholm, and Oslo Børs.

Average Trading Volume: 317,209

Current Market Cap: €1.94B

For detailed information about 0KG0 stock, go to TipRanks’ Stock Analysis page.