Tietoevry Corporation announced on March 9 the repurchase of 50,000 of its own shares on the Helsinki Stock Exchange. The average price per share was reported as 18.7435 euros, with a total cost for the transaction amounting to 937,175 euros.
The company now holds a total of 1,188,572 shares following this latest buyback. According to Tietoevry, these share repurchases are carried out in compliance with Regulation No. 596/2014 of the European Parliament and Council (Market Abuse Regulation) Article 5 and the Commission Delegated Regulation (EU) 2016/1052.
The transaction was executed by Nordea Bank Oyj on behalf of Tietoevry Corporation. Sami Huttunen and Ilari Isomäki were listed as representatives involved in the process.
For further information regarding the share buyback or investor relations matters, Tommi Järvenpää serves as Head of Investor Relations at Tietoevry and can be contacted directly.
Tietoevry is described as a software and digital engineering services company with global market reach. The company provides mission-critical solutions through specialized businesses such as Tieto Caretech, Tieto Banktech, Tieto Indtech, and Tieto Tech Consulting. With approximately 14,000 employees worldwide and annual revenue around two billion euros, Tietoevry’s shares are listed on NASDAQ exchanges in Helsinki and Stockholm as well as Oslo Børs.
