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Nokia ( (GB:0HAF) ) has issued an announcement.
Nokia has initiated a share buyback program to offset the dilution effects of shares issued to Infinera Corporation’s shareholders and certain stock-based incentives. On January 15, 2025, Nokia repurchased shares worth approximately 3.88 million euros, bringing its total holdings to over 229 million shares. The program aims to acquire up to 150 million shares with a total budget of 900 million euros, following European regulations, and is expected to conclude by the end of 2025.
More about Nokia
Nokia is a leader in B2B technology and innovation, pioneering intelligent network solutions that integrate seamlessly across ecosystems. With a strong foundation in fixed, mobile, and cloud networks, Nokia collaborates with partners worldwide to develop future digital services and applications, leveraging intellectual property and research led by Nokia Bell Labs.
YTD Price Performance: 3.12%
Average Trading Volume: 2,460,111
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €23.92B
For an in-depth examination of 0HAF stock, go to TipRanks’ Stock Analysis page.
