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Nokia Commences Share Buyback to Strengthen Market Position
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Nokia Commences Share Buyback to Strengthen Market Position

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The latest announcement is out from Nokia ( (GB:0HAF) ).

Nokia has initiated a share buyback program to offset the impact of new shares issued to Infinera Corporation shareholders and Infinera share-based incentives. On 3 February 2025, Nokia repurchased 872,093 of its own shares at a weighted average price of EUR 4.43 per share, totaling EUR 3,867,209, as part of its plan to buy back 150 million shares by the end of 2025, aimed at maintaining its market position and shareholder value.

More about Nokia

Nokia is a leader in B2B technology innovation, focusing on mobile, fixed, and cloud networks, leveraging intellectual property and research through Nokia Bell Labs. The company provides secure and sustainable network solutions, trusted by service providers, enterprises, and partners globally.

YTD Price Performance: 5.28%

Average Trading Volume: 2,636,865

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €24.72B

For a thorough assessment of 0HAF stock, go to TipRanks’ Stock Analysis page.

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