The latest announcement is out from Nokia ( (GB:0HAF) ).
Nokia has announced a share buyback on March 4, 2025, as part of a program initiated to offset the dilution effects of shares issued to Infinera Corporation’s shareholders and certain stock-based incentives. The buyback program, which began in November 2024, aims to acquire up to 150 million shares with a total budget of 900 million euros, and is set to conclude by the end of 2025. The recent acquisition cost 18,043,327 euros, bringing Nokia’s total treasury shares to 142,405,206. This move is part of Nokia’s strategy to manage its share capital efficiently and maintain shareholder value.
More about Nokia
Nokia is a leader in B2B technology and innovation, pioneering future-ready, intelligent network solutions. The company excels in fixed, mobile, and cloud network services, leveraging its expertise and intellectual property developed over a century, notably through Nokia Bell Labs. Nokia’s efficient network solutions, based on open architecture, integrate seamlessly into various ecosystems, offering new opportunities for network commercialization and scaling. Service providers, enterprises, and partners globally trust Nokia’s network performance, sustainability, and security standards.
YTD Price Performance: 9.81%
Average Trading Volume: 2,692,421
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €24.9B
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