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The latest update is out from Nokia ( (GB:0HAF) ).
Nokia Corporation has commenced a share buyback program aimed at countering the dilution from new shares issued to Infinera Corporation’s shareholders. This initiative, launched in November 2024, plans to repurchase 150 million shares, with a maximum spending limit of 900 million euros, and is set to run until the end of 2025. The recent acquisition of 872,093 shares at an average price of 4.45 euros is part of this ongoing effort, reflecting Nokia’s strategy to manage its capital structure effectively.
More about Nokia
Nokia is a leader in B2B technology innovation, focusing on pioneering networks across mobile, fixed, and cloud technologies. The company leverages its intellectual property and research capabilities, with contributions from Nokia Bell Labs, to deliver secure and scalable network solutions. Nokia is trusted by service providers, enterprises, and partners globally to create sustainable digital services and applications.
YTD Price Performance: 4.46%
Average Trading Volume: 2,201,103
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €24.23B
See more data about 0HAF stock on TipRanks’ Stock Analysis page.
