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The latest update is out from Nokia ( (GB:0HAF) ).
Nokia Corporation has initiated a share buyback program to counteract the dilutive impact of new shares issued as part of its acquisition of Infinera Corporation. The company repurchased 1,256,122 of its own shares on February 20, 2025, at an average price of EUR 4.77 per share, totaling EUR 5,989,818. The buyback plan, authorized by Nokia’s Annual General Meeting, targets the repurchase of 150 million shares for up to EUR 900 million by the end of 2025. This move aims to enhance shareholder value and manage share dilution effectively.
More about Nokia
Nokia is a B2B technology innovation leader that creates technology to help the world connect through mobile, fixed, and cloud networks. With a focus on intellectual property and long-term research, Nokia collaborates with service providers, enterprises, and partners globally to deliver secure and sustainable networks, while developing digital services and applications for the future.
YTD Price Performance: 11.89%
Average Trading Volume: 2,806,666
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €26.11B
For detailed information about 0HAF stock, go to TipRanks’ Stock Analysis page.
