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An update from Nokia ( (GB:0HAF) ) is now available.
Nokia Corporation announced a share repurchase of 1,247,001 shares as part of its ongoing buyback program initiated to mitigate the dilutive effect of new shares issued for the acquisition of Infinera Corporation. This buyback, executed on February 17, 2025, is part of a broader plan to repurchase up to 150 million shares at a maximum cost of EUR 900 million, highlighting Nokia’s strategic financial management to support its market positioning and shareholder value.
More about Nokia
Nokia is a leader in the B2B technology sector, specializing in the development of mobile, fixed, and cloud networks. Through Nokia Bell Labs, known for its long-term research and innovation, Nokia pioneers networks that integrate seamlessly into various ecosystems, providing secure and sustainable network solutions. Trusted by service providers and enterprises globally, Nokia focuses on creating future digital services and applications.
YTD Price Performance: 12.90%
Average Trading Volume: 2,960,924
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €26B
See more insights into 0HAF stock on TipRanks’ Stock Analysis page.
