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Tietoevry Announces Share Buyback to Bolster Market Position

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Tietoevry Announces Share Buyback to Bolster Market Position

TietoEVRY ( (GB:0KG0) ) has issued an announcement.

Tietoevry Corporation has announced a share buyback transaction involving the purchase of 66,053 shares at an average price of EUR 18.1685 per share, totaling EUR 1,200,083.93. This transaction increases the company’s total shareholding to 111,292 shares, potentially impacting its market positioning and signaling confidence in its financial health to stakeholders.

More about TietoEVRY

Tietoevry is a leading technology company with a strong Nordic heritage and global capabilities, focusing on creating purposeful technology to reinvent the world for good. The company specializes in cloud, data, and software services, serving thousands of enterprise and public sector customers in around 90 countries. Tietoevry has an annual turnover of approximately EUR 3 billion, and its shares are listed on the NASDAQ exchange in Helsinki and Stockholm, as well as on Oslo Børs.

YTD Price Performance: 7.74%

Average Trading Volume: 21,289

Technical Sentiment Signal: Hold

Current Market Cap: €2.22B

For detailed information about 0KG0 stock, go to TipRanks’ Stock Analysis page.

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