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The latest announcement is out from Nokia ( (GB:0HAF) ).
Nokia announced a share buyback program to mitigate the dilution effect of shares issued to Infinera Corporation’s shareholders and certain stock-based incentives. The program, following EU regulations, aims to acquire 150 million shares with a budget of up to 900 million euros by December 31, 2025. As of January 21, 2025, Nokia acquired shares worth approximately 3.88 million euros, increasing its own shareholding to over 232 million shares.
More about Nokia
Nokia is a leader in B2B technology and innovation, creating intelligent network solutions for the future. Its expertise spans fixed, mobile, and cloud service networks, with a focus on open architecture for seamless integration across ecosystems. Nokia is renowned for its innovation-driven value creation, supported by intellectual property and long-term R&D, led by the award-winning Nokia Bell Labs. The company is trusted globally for its network performance, sustainability, and security standards.
YTD Price Performance: 3.99%
Average Trading Volume: 2,332,090
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €24.28B
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