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TietoEVRY ( (GB:0KG0) ) has shared an announcement.
TietoEVRY has repurchased 50,000 of its own TIETO shares on the Helsinki Stock Exchange at an average price of EUR 19.2228 per share, for a total consideration of EUR 961,140. Following this transaction, the company now holds 288,572 treasury shares, with the buybacks executed in accordance with EU Market Abuse Regulation rules and related delegated regulation.
The latest share repurchase continues TietoEVRY’s capital management strategy, potentially supporting its share price and providing flexibility for future uses such as incentive programs, balance sheet optimization or other corporate purposes. The compliant execution under EU regulations underscores the company’s adherence to market standards, which is relevant for investors monitoring governance and transparency in buyback programs.
The most recent analyst rating on (GB:0KG0) stock is a Sell 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 provider with global reach, serving multiple industries through specialized businesses Tieto Caretech, Tieto Banktech, Tieto Indtech and Tieto Tech Consulting. The company employs about 14,000 experts in vertical software, design, cloud and AI, generates roughly EUR 2 billion in annual revenue, and is listed on the NASDAQ exchanges in Helsinki and Stockholm, as well as on Oslo Børs.
Average Trading Volume: 321,579
Current Market Cap: €1.98B
Learn more about 0KG0 stock on TipRanks’ Stock Analysis page.