An announcement from Nokia ( (GB:0HAF) ) is now available.
Nokia has initiated a share buyback program to offset the dilution effects of shares issued to Infinera Corporation’s shareholders and certain stock-based incentives. As part of this program, Nokia acquired 1.4 million of its own shares on February 28, 2025, at an average price of 4.65 euros per share, totaling 6.5 million euros. The buyback program, which began in November 2024 and is set to conclude by the end of 2025, aims to purchase up to 150 million shares with a total budget of 900 million euros. This strategic move is in line with European regulations and reflects Nokia’s commitment to maintaining shareholder value.
More about Nokia
Nokia is a leader in B2B technology and innovation, specializing in advanced network solutions that integrate seamlessly into various ecosystems. With expertise in fixed, mobile, and cloud network services, Nokia has been at the forefront of creating value through intellectual property and research, led by Nokia Bell Labs for over a century. The company is trusted globally for its network performance, sustainability, and security standards, working with partners to develop future digital services and applications.
YTD Price Performance: 11.30%
Average Trading Volume: 2,776,478
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €25.25B
See more data about 0HAF stock on TipRanks’ Stock Analysis page.