Tietoevry Corporation INSIDE INFORMATION 12February 2026 8:55 a.m. EET
Tieto's Board of Directors has resolved to commence a share buyback programme of
EUR 150 million. The purpose of the buyback programme is to maintain an
efficient capital structure of the company in line with the company's capital
allocation principles.
The buyback programme utilizes the authorization granted by the company's Annual
General Meeting 2025, under which the Board of Directors is currently entitled
to decide on the repurchase of a maximum of 11 585 000 shares, corresponding to
approximately 10% of all shares in the company. The company has unrestricted
equity available for the repurchase of its own shares.
Following the closing of the divestment of Bekk Consulting AS, the company has
the opportunity to distribute proceeds from the divestment through a share
buyback programme while remaining within its leverage target (net debt / EBITDA
below 2.0).
The share buyback programme will be carried out on the following main terms:
· Amount to be used: EUR 150 million
· Purpose of the repurchases: to maintain an efficient capital structure in
accordance with the company's capital allocation principles
· Duration: From 13 February 2026 at the earliest and end by 31 March 2027 at
the latest
· Price: market price formed in public trading on Nasdaq Helsinki
· The shares will be repurchased on Nasdaq Helsinki Stock Exchange
· The repurchased shares will be cancelled on a monthly basis
The share buyback programme will be implemented in accordance with the safe
harbour arrangement of EU Market Abuse Regulation (MAR). The company has
appointed Nordea as the independent financial intermediary to carry out the
share repurchases. Intermediary will make all trading decisions regarding the
timing of the purchases independently of the company, subject to the terms of
the programme and applicable regulation. The repurchase of shares may be
temporarily paused, suspended or terminated before the scheduled end date. In
such cases, the company will announce the matter in a stock exchange release.
The company will publish a stock exchange release reporting the transactions
carried out under the programme on a daily basis.
For further information, please contact:
Tommi Järvenpää, Head of Investor Relations, tel. +358 40 576 0288,
tommi.jarvenpaa (at) tieto.com
Tietoevry Corporation
DISTRIBUTION
NASDAQ Helsinki
NASDAQ Stockholm
Oslo Børs
Principal Media
Tietois 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 14 000 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
listed on the NASDAQ exchange in Helsinki and Stockholm, as well as on Oslo
Børs.www.tieto.com