Nokia Executes Share Buyback to Mitigate Dilution

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

Nokia Corporation announced the repurchase of 1.4 million of its own shares as part of a buyback program initiated to counter the dilution caused by new shares issued to Infinera Corporation shareholders. This strategic move, which aims to repurchase up to 150 million shares by the end of 2025, is expected to strengthen Nokia’s market position and shareholder value.

More about Nokia

Nokia is a B2B technology innovation leader specializing in mobile, fixed, and cloud networks. The company is renowned for its intellectual property and research, particularly through the Nokia Bell Labs. Nokia provides high-performance, secure, and reliable networks, enabling new monetization opportunities for service providers, enterprises, and partners worldwide.

YTD Price Performance: 12.39%

Average Trading Volume: 2,970,191

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €26.02B

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