Nokia ( (GB:0HAF) ) just unveiled an announcement.
Nokia Corporation announced the repurchase of 3,642,769 of its own shares as part of a buyback program initiated to offset the dilutive effect of shares issued to Infinera Corporation shareholders. The program, which aims to repurchase 150 million shares by the end of 2025, is expected to strengthen Nokia’s market position and shareholder value by managing share dilution.
More about Nokia
Nokia is a B2B technology innovation leader that focuses on pioneering networks across mobile, fixed, and cloud platforms. The company is known for its high-performance networks and intellectual property, driven by Nokia Bell Labs. Nokia aims to deliver secure and reliable networks and collaborates with service providers and enterprises globally to develop future digital services and applications.
YTD Price Performance: 10.54%
Average Trading Volume: 2,776,067
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €25.13B
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