Nokia Launches Major Share Buyback Initiative

Nokia (GB:0HAF) has released an update.

Nokia has embarked on a significant share buyback program, aiming to acquire up to 150 million shares worth a total of 900 million euros. This move is designed to mitigate the dilution impact of shares issued to Infinera Corporation’s shareholders and certain stock-based incentives. As of December 2, 2024, Nokia has repurchased 872,093 shares at a total cost of 3.48 million euros.

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