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Nokia Initiates Share Buyback Program to Offset Dilution
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Nokia Initiates Share Buyback Program to Offset Dilution

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Nokia ( (GB:0HAF) ) has shared an update.

Nokia announced the repurchase of its own shares, part of a buyback program to offset share dilution effects from stocks issued to Infinera Corporation shareholders. This program, which aims to acquire 150 million shares for up to 900 million euros, is aligned with regulatory standards and is set to conclude by the end of 2025.

More about Nokia

Nokia is a leader in B2B technology and innovation, specializing in advanced network solutions that integrate seamlessly with various ecosystems. The company is known for its expertise in fixed, mobile, and cloud network services, and it creates value through intellectual property and long-term R&D led by Nokia Bell Labs.

YTD Price Performance: 5.02%

Average Trading Volume: 2,488,132

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €24.36B

For a thorough assessment of 0HAF stock, go to TipRanks’ Stock Analysis page.

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