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Nokia ( (GB:0HAF) ) just unveiled an announcement.
Nokia Corporation announced the repurchase of its own shares as part of a share buyback program initiated to counteract dilution caused by new shares issued to Infinera Corporation shareholders. The program, which aims to repurchase 150 million shares for up to EUR 900 million, is in compliance with EU regulations and authorized by Nokia’s Annual General Meeting, with transactions conducted by BofA Securities Europe SA.
More about Nokia
Nokia is a leader in B2B technology innovation, specializing in mobile, fixed, and cloud networks. The company leverages its expertise to create high-performance networks that integrate seamlessly into any ecosystem, providing secure, reliable, and sustainable solutions worldwide. Nokia is known for its pioneering work through Nokia Bell Labs, driving forward intellectual property and long-term research.
Average Trading Volume: 2,549,441
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €23.27B
For detailed information about 0HAF stock, go to TipRanks’ Stock Analysis page.
