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Nokia ( (GB:0HAF) ) has shared an announcement.
Nokia announced its ongoing share buyback program aimed at mitigating the dilution effects of shares to be issued to Infinera Corporation stakeholders and certain share-based incentives. The program, which started in November 2024 and is set to conclude by the end of 2025, intends to acquire up to 150 million shares for a maximum of 900 million euros. As part of this initiative, Nokia recently repurchased shares worth over 3.8 million euros, reflecting progress in its strategic financial maneuvers to maintain shareholder value.
More about Nokia
Nokia is a leader in B2B technology and innovation, pioneering advanced network solutions that sense, think, and act intelligently. The company’s expertise spans fixed, mobile, and cloud service networks, and it derives value from intellectual property and research led by Nokia Bell Labs. Nokia provides seamless network solutions based on open architecture, trusted globally by service providers and enterprises for their performance, responsibility, and security standards.
YTD Price Performance: 5.02%
Average Trading Volume: 2,488,132
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €24.36B
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