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Nokia ( (GB:0HAF) ) has issued an announcement.
Nokia Corporation announced the repurchase of its own shares as part of a share buyback program aimed at offsetting the dilutive effect of new shares issued to Infinera Corporation shareholders and certain share-based incentives. The initiative, which complies with EU regulations and has a target of repurchasing 150 million shares for up to EUR 900 million, reflects Nokia’s strategic financial management to maintain shareholder value and market positioning.
More about Nokia
Nokia is a B2B technology innovation leader focused on pioneering networks across mobile, fixed, and cloud platforms. The company leverages its expertise in intellectual property and long-term research to create high-performance networks with open architectures, enabling secure, reliable, and sustainable digital services and applications for service providers, enterprises, and partners worldwide.
YTD Price Performance: 41.01%
Average Trading Volume: 2,565,875
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €22.9B
For an in-depth examination of 0HAF stock, go to TipRanks’ Stock Analysis page.
