Nokia Boosts Shareholder Value with Major Buyback
Company Announcements

Nokia Boosts Shareholder Value with Major Buyback

Nokia (GB:0HAF) has released an update.

Nokia Corporation has repurchased nearly two million of its own shares at an average price of EUR 4.35 per share as part of its ongoing share buyback program, which aims to return up to EUR 600 million to shareholders by the end of 2024. This strategic move is intended to enhance shareholder value and underscores Nokia’s confidence in its market positioning. Following this transaction, Nokia now holds a substantial number of treasury shares, reflecting its commitment to maximizing shareholder returns.

For further insights into GB:0HAF stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskNokia Advances Share Buyback Program with New Acquisition
TipRanks UK Auto-Generated NewsdeskNokia’s Bold Share Buyback Strategy Unfolds
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App