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The latest update is out from Nokia ( (GB:0HAF) ).
Nokia announced the acquisition of its own shares as part of a buyback program to offset the dilution effects of shares issued to Infinera Corporation’s shareholders. This program, which aligns with EU regulations and has a goal of acquiring 150 million shares for up to 900 million euros, is scheduled to conclude by the end of 2025. The buyback is a strategic move to maintain shareholder value and strengthen Nokia’s market position.
More about Nokia
Nokia is a leader in B2B technology and innovation, pioneering intelligent network solutions for the future. Their expertise spans fixed, mobile, and cloud network services, driven by long-term research and development under Nokia Bell Labs. Nokia’s open architecture-based network solutions are trusted by service providers and enterprises worldwide for their performance, responsibility, and security standards.
YTD Price Performance: 5.28%
Average Trading Volume: 2,636,865
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €24.72B
See more data about 0HAF stock on TipRanks’ Stock Analysis page.
