Business News

Tieto starts a share repurchase programme

Friday 24. April 2009 - Tieto's Board of Directors has decided to acquire a maximum of 252 610 the company's own shares based on the authorization given by the Annual General Meeting on 26 March 2009.

The shares will be acquired in a public trade on NASDAQ OMX Helsinki at the market price. The shares will be purchased to accomplish and hedge the incentive scheme of the key personnel.

The purchases of the shares will start on 4 May 2009 at the earliest and will end on 22 May 2009 at the latest.

The shares shall be acquired according to the Rules of NASDAQ OMX Helsinki and otherwise according to the rules related to acquisition of the company’s own shares.