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Nokia ( (GB:0HAF) ) just unveiled an announcement.
Nokia announced a share buyback program, purchasing its own shares to mitigate the dilution effect of shares issued to Infinera Corporation shareholders. This initiative, part of a broader strategy to repurchase up to 150 million shares with a budget of 900 million euros, highlights Nokia’s commitment to shareholder value and strategic financial management.
More about Nokia
Nokia is a leader in B2B technology and innovation, creating advanced network solutions that integrate seamlessly into various ecosystems. Known for its expertise in fixed, mobile, and cloud network services, Nokia has been at the forefront of technological advancements and intellectual property development for over a century, supported by Nokia Bell Labs.
YTD Price Performance: 13.61%
Average Trading Volume: 2,916,272
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €26.11B
For an in-depth examination of 0HAF stock, go to TipRanks’ Stock Analysis page.
