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Nokia ( (GB:0HAF) ) just unveiled an announcement.
Nokia announced the continuation of its share repurchase program to offset the dilution effects of shares and incentives granted to Infinera Corporation stakeholders. The program, authorized by the company’s annual general meeting and adhering to EU regulations, aims to acquire a total of 150 million shares for up to 900 million euros, with the latest acquisition amounting to over 3.6 million euros.
More about Nokia
Nokia is a leader in B2B technology and innovation, focusing on creating intelligent network solutions that integrate seamlessly with different ecosystems. The company is recognized for its expertise in fixed, mobile, and cloud service networks, with a strong emphasis on intellectual property and research led by Nokia Bell Labs.
YTD Price Performance: 41.01%
Average Trading Volume: 2,565,875
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €22.9B
See more insights into 0HAF stock on TipRanks’ Stock Analysis page.
