Nokia ( (GB:0HAF) ) has issued an announcement.
Nokia Corporation has repurchased over 3.1 million of its own shares as part of a share buyback program initiated to offset the dilutive effect of new shares issued to Infinera Corporation’s shareholders. This move is part of a broader strategy to repurchase up to 150 million shares by the end of 2025, with a maximum aggregate purchase price of EUR 900 million, reflecting Nokia’s commitment to managing its share capital effectively.
More about Nokia
Nokia is a B2B technology innovation leader focused 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: 13.49%
Average Trading Volume: 2,802,766
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €25.82B
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