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Nokia ( (GB:0HAF) ) has issued an update.
Nokia has repurchased its own shares as part of a buyback program initiated to offset the dilution effects of shares issued to Infinera Corporation’s shareholders. The buyback, which started in November 2024, aims to acquire 150 million shares, with a budget of up to 900 million euros. As of February 19, 2025, Nokia has spent approximately 6.6 million euros on this initiative, now owning over 253 million shares. This strategic move is in compliance with European regulations and reflects Nokia’s proactive approach in managing shareholder value and market presence.
More about Nokia
Nokia is a leader in B2B technology and innovation, specializing in advanced network solutions. With expertise in fixed, mobile, and cloud networks, Nokia has been at the forefront of creating intelligent networking solutions for over a century. The company is renowned for its contributions to digital services and applications, driven by the research and development efforts of the award-winning Nokia Bell Labs. Nokia’s solutions are trusted globally for their performance, sustainability, and security standards.
YTD Price Performance: 13.31%
Average Trading Volume: 2,882,113
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €26.11B
For an in-depth examination of 0HAF stock, go to TipRanks’ Stock Analysis page.
