Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
TietoEVRY ( (GB:0KG0) ) has issued an announcement.
TietoEVRY, operating under the Tieto brand, is a major Nordic-based software and digital engineering provider delivering mission-critical solutions via its Caretech, Banktech, Indtech and Tech Consulting units. With about 14,000 specialists in vertical software, design, cloud and AI, it posts some EUR 2 billion in annual revenue and is listed on the NASDAQ exchanges in Helsinki and Stockholm as well as on Oslo Børs.
The company has repurchased 90,000 of its own shares on the Helsinki Stock Exchange at an average price of EUR 17.72 per share, for a total consideration of about EUR 1.6 million. Following this transaction, Tieto holds 1,786,693 shares, and the buyback, executed under EU market abuse and buyback regulations, underscores ongoing capital management efforts that can support shareholder value and signal confidence in the firm’s long-term prospects.
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 market reach, focusing on mission-critical solutions across industries. Through its specialized businesses Tieto Caretech, Tieto Banktech, Tieto Indtech and Tieto Tech Consulting, the company employs around 14,000 experts and generates roughly EUR 2 billion in annual revenue, with shares listed in Helsinki, Stockholm and Oslo.
The group’s vertical software, design, cloud and AI capabilities are aimed at helping customers innovate with the latest technology and strengthen their competitiveness. Its diversified portfolio and presence across Nordic and international markets position Tieto as a key player in enterprise digitalization and sector-specific software solutions.
Average Trading Volume: 425,053
Current Market Cap: €2.12B
See more data about 0KG0 stock on TipRanks’ Stock Analysis page.