Tieto Corporation STOCK EXCHANGE RELEASE 22 July 2026 8:50 a.m. EEST
Tieto's Board of Directors has decided to start a repurchasing programme of the company's own shares based on the authorization given by the Annual General Meeting 2026. The company has a weighty financial reason for the directed acquisition of its shares since the shares are acquired for purposes of share-based incentive programmes for key personnel.
Purchases of shares will start no sooner than when the repurchases under the ongoing EUR 150 million share buyback programme have been completed and end as soon as the maximum amount of shares has been acquired. The maximum number of shares to be acquired is 95 000 shares. Shares shall be acquired in public trading on Nasdaq Helsinki Ltd. at the market price prevailing at the time of purchase. The company has unrestricted equity available for the repurchase of its own shares.
The Board of Directors is authorized by the Annual General Meeting to decide on the repurchase of a maximum amount of 11 800 000 of the company's own shares.
For further information, please contact:
Tommi Järvenpää, Head of Investor Relations, tel. +358 40 576 0288, tommi.jarvenpaa (at) tieto.com
Tieto Corporation
DISTRIBUTION
NASDAQ Helsinki
NASDAQ Stockholm
Principal Media
Tieto is a leading software and digital engineering services company with global market reach and capabilities. We provide customers across different industries with mission-critical solutions through our specialized software businesses Tieto Caretech, Tieto Banktech and Tieto Indtech as well as Tieto Tech Consulting business. Our around 13 000 talented vertical software, design, cloud and AI experts are dedicated to empowering our customers to succeed and innovate with latest technology.
Tieto's annual revenue is approximately EUR 2 billion. The company's shares are traded on the NASDAQ exchange in Helsinki and Stockholm. www.tieto.com