Tietoevry Initiates Share Repurchase Program for Incentive Plans

The latest announcement is out from TietoEVRY ( (GB:0KG0) ).

Tietoevry Corporation’s Board of Directors has initiated a share repurchasing program to acquire up to 135,000 of its own shares, as authorized by the Annual General Meeting. This move is intended to support share-based incentive programs for key personnel, potentially impacting the company’s financial structure by reducing its unrestricted equity. The repurchase will take place on Nasdaq Helsinki Ltd. at prevailing market prices, reflecting Tietoevry’s strategic focus on rewarding and retaining key talent.

More about TietoEVRY

Tietoevry is a leading technology company with a strong Nordic heritage and global capabilities, specializing in cloud, data, and software services. The company serves thousands of enterprise and public sector customers in around 90 countries, with an annual turnover of approximately EUR 3 billion. Tietoevry’s shares are listed on the NASDAQ exchange in Helsinki and Stockholm, as well as on Oslo Børs.

YTD Price Performance: 10.12%

Average Trading Volume: 21,130

Technical Sentiment Signal: Hold

Current Market Cap: €2.22B

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