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Nokia ( (GB:0HAF) ) has shared an update.
Nokia Corporation, a leader in B2B technology innovation, is engaged in creating advanced network solutions across mobile, fixed, and cloud domains, leveraging their research leadership through Nokia Bell Labs. The company has initiated a share buyback program to manage the dilutive impact of new shares issued to Infinera Corporation’s shareholders. This repurchase, part of a broader EUR 900 million initiative to buy back 150 million shares, reflects Nokia’s strategic focus on sustaining shareholder value and market confidence. As of 12 December 2024, Nokia has repurchased 872,093 shares, reflecting a total transaction cost of EUR 3,676,744.
More about Nokia
At Nokia, we create technology that helps the world act together. As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs. With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.
YTD Price Performance: 40.84%
Average Trading Volume: 2,739,164
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €22.76B
See more data about 0HAF stock on TipRanks’ Stock Analysis page.
