Nokia Executes Strategic Share Buyback to Enhance Market Position

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

Nokia Corporation has repurchased 3,505,205 of its own shares as part of a share buyback program initiated to offset the dilutive effect of new shares issued to Infinera Corporation shareholders. This move, compliant with EU regulations, is part of a broader strategy to repurchase up to 150 million shares by the end of 2025, with a total transaction cost of EUR 17,207,402 for the shares bought on 17 March 2025. This strategic buyback is aimed at strengthening Nokia’s market position and enhancing shareholder value.

More about Nokia

Nokia is a leader in B2B technology innovation, specializing in mobile, fixed, and cloud networks. The company is known for pioneering networks that sense, think, and act, and it leverages its expertise in intellectual property and long-term research through Nokia Bell Labs. Nokia provides secure, reliable, and sustainable networks, enabling service providers, enterprises, and partners worldwide to create digital services and applications.

YTD Price Performance: 15.24%

Average Trading Volume: 2,631,880

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €26.21B

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