Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Nokia ( (GB:0HAF) ) just unveiled an announcement.
Nokia announced the repurchase of its own shares as part of a buyback program aimed at offsetting the dilution effect caused by the shares and stock-based incentives to be given to Infinera Corporation’s shareholders. This initiative, which started on November 25, 2024, and will run until the end of 2025, intends to purchase up to 150 million shares with a total budget of 900 million euros. As of December 13, 2024, Nokia acquired shares worth 3,680,494 euros, bringing its total own shares to 214,265,592. This strategic move is in line with European regulations and highlights Nokia’s commitment to maintaining shareholder value.
More about Nokia
Nokia is a leader in B2B technology and innovation, focusing on creating advanced network solutions for the future. With expertise in fixed, mobile, and cloud network services, the company is known for its strong performance, commitment to sustainability, and security standards. Nokia collaborates with partners worldwide to develop new digital services and applications, supported by its renowned Nokia Bell Labs.
YTD Price Performance: 44.26%
Average Trading Volume: 2,728,430
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €23.05B
For detailed information about 0HAF stock, go to TipRanks’ Stock Analysis page.
