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The latest update is out from Nokia ( (GB:0HAF) ).
Nokia Oyj announced it has repurchased a total of 872,093 of its own shares as part of a buyback program initiated to offset the dilution from shares provided to Infinera Corporation’s shareholders. This program, aligned with EU regulations, aims to acquire up to 150 million shares, with a total budget of 900 million euros, and will continue until the end of 2025. The buyback reflects Nokia’s strategic financial management aimed at enhancing shareholder value and maintaining market confidence.
More about Nokia
Nokia is a leader in B2B technology and innovation, known for its advanced network solutions that integrate seamlessly into various ecosystems. With expertise in fixed, mobile, and cloud services, Nokia creates value through intellectual property and research, led by Nokia Bell Labs. The company is trusted globally for its network performance, sustainability, and security standards, working with partners to develop future digital services and applications.
YTD Price Performance: 0.99%
Average Trading Volume: 2,525,052
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €23.3B
For a thorough assessment of 0HAF stock, go to TipRanks’ Stock Analysis page.
