Nokia Executes Share Buyback to Offset Dilution

Nokia ( (GB:0HAF) ) has shared an announcement.

Nokia Corporation has repurchased 3,855,706 of its own shares as part of a buyback program initiated to offset the dilutive effect of new shares issued to Infinera Corporation’s shareholders. This move is part of a larger plan to repurchase 150 million shares by the end of 2025, with a total transaction cost of EUR 18,957,735 on 20 March 2025. The buyback is conducted under the authorization granted by Nokia’s Annual General Meeting and is compliant with EU regulations, reflecting Nokia’s strategic financial management to maintain shareholder value.

More about Nokia

Nokia is a leader in B2B technology innovation, focusing on mobile, fixed, and cloud networks. The company is known for pioneering networks that sense, think, and act, leveraging intellectual property and long-term research through Nokia Bell Labs. Nokia delivers secure, reliable, and sustainable networks, working with service providers, enterprises, and partners globally to create future digital services and applications.

YTD Price Performance: 16.52%

Average Trading Volume: 2,606,152

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €26.8B

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