Nokia ( (GB:0HAF) ) has provided an announcement.
Nokia has announced a share buyback program to mitigate the dilution effect of shares issued to Infinera Corporation’s shareholders and certain stock-based incentives. The buyback, authorized by the company’s board and compliant with EU regulations, aims to acquire 150 million shares with a total budget of up to 900 million euros, concluding by the end of 2025. As of March 10, 2025, Nokia has repurchased shares worth 15.13 million euros, increasing its total holdings to over 156 million shares.
More about Nokia
Nokia is a leader in B2B technology and innovation, pioneering advanced network solutions that integrate seamlessly into various ecosystems. With expertise in fixed, mobile, and cloud network services, Nokia has been 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: 13.49%
Average Trading Volume: 2,802,766
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €25.82B
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