The latest update is out from Nokia ( (GB:0HAF) ).
Nokia Corporation has repurchased 3,328,575 of its own shares as part of a share buyback program initiated to offset the dilutive effect of new shares issued to Infinera Corporation shareholders. This buyback is part of a broader initiative to repurchase up to 150 million shares by the end of 2025, with the total cost of the transactions on 3 March 2025 amounting to EUR 16,156,237. This strategic move aims to strengthen Nokia’s market position and manage share dilution, reflecting the company’s commitment to its stakeholders.
More about Nokia
Nokia is a B2B technology innovation leader, focusing on pioneering networks that sense, think, and act across mobile, fixed, and cloud networks. The company is known for its intellectual property and long-term research, led by Nokia Bell Labs, and provides secure, reliable, and sustainable networks for service providers, enterprises, and partners worldwide.
YTD Price Performance: 9.73%
Average Trading Volume: 2,692,421
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €24.9B
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