Nokia Initiates Strategic Share Buyback to Offset Dilution

The latest update is out from Nokia ( (GB:0HAF) ).

Nokia has announced the repurchase of its own shares as part of a buyback program initiated to offset the dilution effects of shares given to Infinera Corporation’s shareholders. The program, which began in November 2024 and will conclude by the end of 2025, aims to acquire up to 150 million shares at a total cost of no more than 900 million euros. As of January 8, 2025, the total cost of shares repurchased was approximately 3.9 million euros, with Nokia now holding over 224 million of its own shares. This initiative is conducted in compliance with EU regulations and reflects Nokia’s strategic financial management to maintain shareholder value and market position.

More about Nokia

Nokia is a leader in B2B technology and innovation, specializing in creating future-oriented, intelligent network solutions. The company is known for its expertise in fixed, mobile, and cloud service networks, working under the esteemed Nokia Bell Labs. Nokia’s open architecture-based network solutions seamlessly integrate with various ecosystems, providing scalability and commercial opportunities, and are trusted globally for their performance and security standards.

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