Tieto Plans €90 Million Buyback After €150m Program
Tieto and TietoEVRY are launching multiple share buyback programs to fund share-based incentives and optimize capital structure, including ongoing EUR150 million programs and a new EUR90 million program funded by divestments, with repurchases on Nasdaq Helsinki at market price and timelines extending into 2027 or up to 12 months. The boards have authorized repurchases totaling about 11.8 million shares (roughly 10% of issued capital) and, in incentive programs, up to 95,000 shares, with Nordea appointed as intermediary in several transactions.