Tieto Oyj Recent Developments and Share Buyback Activity

Share Repurchase Programme

Tieto Oyj has continued its share repurchase programme in April 2026, conducting two transactions in consecutive days.

  • 22 April 2026: 30 000 shares were purchased at an average price of €18.9142, costing €567,426.00. Following this buy‑back, the company’s outstanding share count was 1,280,000.
  • 23 April 2026: Another 30 000 shares were acquired at an average price of €18.8116, costing €564,348.00. After the purchase, the total outstanding shares rose to 1,310,000.

Both transactions were executed in compliance with Regulation No. 596/2014 (MAR) Article 5 and the EU Commission Delegated Regulation (EU) 2016/1052. The buy‑backs are overseen by Nordea Bank Oyj, with Investor Relations contact Tommi Järvenpää (tel. +358 40 576 0288, tommi.jarvenpaa@tieto.com ).

Strategic Partnership with Microsoft

On 23 April 2026, Tieto Oyj entered into a strategic partnership with Microsoft to accelerate artificial‑intelligence (AI) deployment. Key elements of the agreement include:

  • Joint sales of AI technologies to selected customers.
  • Collaboration on AI showcases at industry events and studios.
  • Improvement of software‑development efficiency and quality through shared expertise.
  • Upskilling of 5 000 Tieto consultants on Microsoft’s latest AI technologies.
  • Expansion of AI adoption within Tieto’s internal operations and support for scaling AI from pilot projects to production across all business areas.

The partnership is intended to enhance Tieto’s AI portfolio and strengthen its position as a global provider of digital engineering services.

Market Context

  • Share Price: On 22 April 2026, the closing price was €18.72, close to the 52‑week low of €14.30 (July 2025) and near the 52‑week high of €19.65 (February 2026).
  • Market Capitalisation: €2.18 billion.
  • Price‑to‑Earnings Ratio: 87, indicating a valuation driven largely by growth expectations rather than earnings.

Tieto Oyj’s continued share repurchases and its new AI partnership with Microsoft signal a focus on shareholder value creation and technological advancement in the competitive IT services sector.