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TietoEVRY ( (GB:0KG0) ) just unveiled an update.
TietoEVRY has repurchased 50,000 of its own shares on the Helsinki Stock Exchange at an average price of EUR 18.63 per share, for a total consideration of about EUR 0.93 million. Following this transaction, the company now holds 1,276,693 treasury shares, with the buyback carried out under EU market abuse and safe-harbour regulations.
The share repurchase supports TietoEVRY’s capital management and may provide flexibility for future uses such as incentive programs or balance-sheet optimization. The continued buyback activity underscores management’s confidence in the company’s long‑term prospects and may be viewed positively by shareholders seeking disciplined capital allocation.
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 reach, generating around EUR 2 billion in annual revenue. It provides mission-critical solutions through specialized software units Tieto Caretech, Tieto Banktech and Tieto Indtech, as well as its Tieto Tech Consulting business, serving multiple industries with vertical software, cloud, AI and design expertise.
Average Trading Volume: 411,120
Current Market Cap: €2.24B
Find detailed analytics on 0KG0 stock on TipRanks’ Stock Analysis page.