Tieto Executed Share Repurchases in Week 37
IT services company Tieto repurchased its own shares on the Nasdaq Helsinki during the first week of September. The company conducted multiple share buybacks daily throughout the period.
IT services company Tieto executed share repurchases on the Nasdaq Helsinki during the first week of September. The company acquired a total of 160,000 of its own shares between September 7 and 10.
The average price for the repurchased shares ranged between approximately 19.1 and 19.3 euros. These transactions are part of Tieto's previously announced share repurchase program.
Tieto reported the completed transactions via a stock exchange release, without providing additional commentary. The program aims to support the company's share value and return capital to shareholders.
The repurchased shares will either be held by the company or cancelled at a later date. Tieto will provide further details on the program's progress and impact in its upcoming financial reports.