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An update from Nokia ( (GB:0HAF) ) is now available.
Nokia Corporation has initiated a share repurchase program as part of its strategy to counteract the dilutive effects of issuing new shares to Infinera Corporation shareholders. On January 14, 2025, Nokia repurchased 872,093 shares at an average price of EUR 4.38 per share, amounting to a total transaction cost of EUR 3,819,244. This buyback is part of a broader strategy to repurchase 150 million shares by the end of 2025, reflecting Nokia’s commitment to maintaining shareholder value and managing its capital structure effectively.
More about Nokia
Nokia is a B2B technology innovation leader, focusing on mobile, fixed, and cloud networks. The company is renowned for pioneering networks that sense, think, and act, creating value through intellectual property and research, notably by Nokia Bell Labs. Nokia’s high-performance networks offer secure, reliable, and sustainable solutions, trusted by service providers, enterprises, and partners worldwide.
YTD Price Performance: 2.02%
Average Trading Volume: 2,450,726
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €24.02B
For detailed information about 0HAF stock, go to TipRanks’ Stock Analysis page.
