Nokia ( (GB:0HAF) ) has provided an update.
Nokia Corporation announced the repurchase of its own shares as part of a buyback program aimed at offsetting the dilutive effect of new shares issued to Infinera Corporation shareholders. On March 27, 2025, Nokia acquired 4,672,426 shares at an average price of EUR 4.88 per share, totaling EUR 22,782,749. This initiative is part of a broader plan to repurchase 150 million shares by the end of 2025, with a maximum aggregate purchase price of EUR 900 million. The buyback is expected to strengthen Nokia’s market position and provide value to its stakeholders.
More about Nokia
Nokia is a B2B technology innovation leader, specializing in mobile, fixed, and cloud networks. The company is known for pioneering networks that sense, think, and act, leveraging its work across various network types. Nokia Bell Labs, a part of the company, is renowned for its long-term research and innovation. Nokia’s high-performance networks are designed to integrate seamlessly into any ecosystem, providing secure, reliable, and sustainable solutions for service providers, enterprises, and partners worldwide.
YTD Price Performance: 16.50%
Average Trading Volume: 2,581,407
Technical Sentiment Signal: Sell
Current Market Cap: €26.48B
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