The latest update is out from Nokia ( (GB:0HAF) ).
Nokia has executed a share buyback as part of its program to offset the dilution effects of shares issued to Infinera Corporation’s shareholders and certain stock-based incentives. The buyback, which began in November 2024 and is set to conclude by the end of 2025, aims to acquire up to 150 million shares with a total budget of 900 million euros. As of March 14, 2025, Nokia has repurchased shares valued at over 19 million euros, bringing its total holdings to over 172 million shares. This strategic move is in line with European regulations and is expected to strengthen Nokia’s market position and shareholder value.
More about Nokia
Nokia is a leader in B2B technology and innovation, specializing in advanced network solutions that integrate seamlessly with various ecosystems. The company has a strong foundation in fixed, mobile, and cloud service networks, and is known for its intellectual property and long-term research led by Nokia Bell Labs. Nokia’s network solutions are trusted globally for their performance, sustainability, and security standards.
YTD Price Performance: 13.26%
Average Trading Volume: 2,637,212
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €25.58B
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