Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Nokia ( (GB:0HAF) ) has shared an update.
Nokia Oyj announced the repurchase of its own shares as part of a buyback program initiated to mitigate the dilution effect from shares issued to Infinera Corporation’s shareholders and certain stock-based incentives. The buyback program, which follows European regulations, aims to acquire 150 million shares with a total spending up to 900 million euros, and is expected to conclude by the end of 2025. As of January 31, 2025, Nokia has acquired shares worth approximately 3.91 million euros, bringing its total treasury shares to over 236 million.
More about Nokia
Nokia is a leader in B2B technology and innovation, focusing on advanced network solutions for the future. The company has a strong presence in fixed, mobile, and cloud service networks, leveraging intellectual property and research from Nokia Bell Labs to create efficient, open-architecture network solutions. These solutions integrate seamlessly across ecosystems, supporting service providers, businesses, and partners worldwide with performance, responsibility, and security.
YTD Price Performance: 7.46%
Average Trading Volume: 2,572,081
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €25.01B
For a thorough assessment of 0HAF stock, go to TipRanks’ Stock Analysis page.
