An update from Nokia ( (GB:0HAF) ) is now available.
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. This initiative, which began in November 2024 and is set to conclude by the end of 2025, targets the repurchase of 150 million shares for a maximum of EUR 900 million. The recent transaction on February 25, 2025, involved the acquisition of 1,370,114 shares at a total cost of EUR 6,466,116, reflecting Nokia’s strategic efforts to manage its share capital and enhance shareholder value.
More about Nokia
Nokia is a leader in B2B technology innovation, focusing on mobile, fixed, and cloud networks. The company leverages its expertise across these areas to create high-performance networks that integrate seamlessly into any ecosystem. Nokia is trusted by service providers, enterprises, and partners worldwide to deliver secure, reliable, and sustainable networks, and is known for its intellectual property and long-term research led by Nokia Bell Labs.
YTD Price Performance: 11.91%
Average Trading Volume: 2,672,805
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €25.39B
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