Nokia Executes Share Buyback to Offset Dilution

Nokia ( (GB:0HAF) ) has provided an update.

Nokia Corporation announced the repurchase of over 4.29 million of its own shares as part of a buyback program initiated to offset the dilutive effects of new shares issued to Infinera Corporation shareholders. This move is part of a broader strategy to repurchase 150 million shares by the end of 2025, with a total transaction cost of over EUR 20 million on March 11, 2025. The buyback is expected to strengthen Nokia’s market position by managing share dilution and enhancing shareholder value.

More about Nokia

Nokia is a leader in B2B technology innovation, focusing on mobile, fixed, and cloud networks. It is known for pioneering networks that sense, think, and act, and is supported by Nokia Bell Labs’ long-term research. Nokia provides secure, reliable, and sustainable networks, creating opportunities for monetization and scale for service providers, enterprises, and partners worldwide.

YTD Price Performance: 13.50%

Average Trading Volume: 2,634,437

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €25.8B

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