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Nokia ( (GB:0HAF) ) has issued an update.
Nokia Corporation has initiated a share buyback program to counterbalance the dilutive effects of new shares issued to Infinera Corporation shareholders, aiming to repurchase 150 million shares for a maximum aggregate of EUR 900 million by 31 December 2025. On 8 January 2025, Nokia repurchased 872,093 shares at an average price of EUR 4.48 per share, totaling EUR 3,907,587, which is part of its strategic effort to manage share dilution and improve shareholder value.
More about Nokia
Nokia is a B2B technology innovation leader specializing in networks that sense, think, and act across mobile, fixed, and cloud networks. Known for its intellectual property and research, led by Nokia Bell Labs, Nokia provides secure, reliable, and sustainable networks, creating value with open architectures for service providers, enterprises, and partners worldwide.
YTD Price Performance: 4.58%
Average Trading Volume: 2,574,432
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €23.36B
Learn more about 0HAF stock on TipRanks’ Stock Analysis page.
