Nokia ( (GB:0HAF) ) has provided an update.
Nokia has initiated a share buyback program to offset the dilution effects of shares issued to Infinera Corporation’s shareholders. As part of the program, Nokia acquired 1.4 million of its own shares, valued at approximately 6.7 million euros, on February 14, 2025. This initiative is part of a broader plan to repurchase up to 150 million shares, with a maximum budget of 900 million euros, to be completed by the end of 2025. The move is expected to strengthen Nokia’s market position and provide value to its stakeholders.
More about Nokia
Nokia is a leader in B2B technology and innovation, focusing on advanced network solutions that integrate seamlessly with various ecosystems. With expertise in fixed, mobile, and cloud services, Nokia is recognized for its pioneering work through Nokia Bell Labs and its commitment to high performance, sustainability, and security standards in digital services development.
YTD Price Performance: 12.39%
Average Trading Volume: 2,970,191
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €26.02B
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