Tietoevry Executes Share Repurchase for Incentive Program

An update from TietoEVRY ( (GB:0KG0) ) is now available.

Tietoevry Corporation has repurchased 40,000 of its own shares as part of its share-based incentive programs for key personnel, at an average price of EUR 16.3122 per share, totaling EUR 652,488. This move is part of the company’s strategy to incentivize key personnel and could impact its financial positioning and stakeholder interests by potentially enhancing employee engagement and aligning interests with company performance.

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 such as Tietoevry Care, Tietoevry Banking, and Tietoevry Industry, as well as digital engineering via Tietoevry Create. The company employs 16,000 experts and generates an annual revenue of approximately EUR 2 billion, with shares listed on NASDAQ Helsinki, NASDAQ Stockholm, and Oslo Børs.

Average Trading Volume: 315,984

Current Market Cap: €1.94B

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