Nokia Initiates Strategic Share Buyback to Strengthen Market Position

Nokia ( (GB:0HAF) ) has shared an announcement.

Nokia has announced a share buyback program to offset the dilution effects of shares issued to Infinera Corporation’s shareholders and certain stock-based incentives. The program, which began in November 2024 and will end by December 2025, aims to acquire 150 million shares with a total expenditure of up to 900 million euros. As of March 11, 2025, Nokia has repurchased shares worth 20,467,362 euros, bringing its total holdings to 160,486,193 shares. This strategic move is expected to strengthen Nokia’s market position and reassure stakeholders of its commitment to maintaining shareholder value.

More about Nokia

Nokia is a leader in B2B technology and innovation, specializing in future-oriented, intelligent network solutions. With expertise in fixed, mobile, and cloud service networks, Nokia has been a pioneer for over a century, leveraging intellectual property and research from Nokia Bell Labs. Their solutions, based on open architecture, integrate seamlessly into various ecosystems, enabling network commercialization and scalability. Nokia is trusted globally for network performance, responsibility, and security standards, collaborating with partners to develop future digital services and applications.

YTD Price Performance: 13.50%

Average Trading Volume: 2,634,437

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €25.8B

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