Tieto Repurchases Shares in Week 38
Tieto Oyj announced the completion of its share repurchase program activities for week 38, during which the company acquired a total of 170,000 shares.
Tieto Oyj announced that it executed share repurchases on the Nasdaq Helsinki during week 38, ending September 17, 2026. The company bought back a total of 170,000 of its own shares.
The total value of these repurchases amounted to over 3.2 million euros. The largest single day of purchases occurred on September 15, when 50,000 shares were acquired. This buyback program was initiated earlier in the year and is set to continue until the end of 2026 or until the maximum allocated amount is reached.
The average price per share during these transactions was approximately 19.05 euros. Tieto stated previously that the objective of the repurchase program is to enhance shareholder returns and optimize the company's capital structure.
The latest disclosures regarding share repurchases are part of the company's ongoing reporting obligations to the market. Tieto intends to continue executing repurchases based on market conditions and the valuation of its own stock.