tiprankstipranks
Company Announcements

Nokia Launches Share Buyback Program to Stabilize Share Structure

Story Highlights
Nokia Launches Share Buyback Program to Stabilize Share Structure

Discover the Best Stocks and Maximize Your Portfolio:

Nokia ( (GB:0HAF) ) just unveiled an update.

Nokia Corporation announced a share buyback program to offset the dilution effect from new shares issued to Infinera Corporation shareholders and certain share-based incentives. On February 19, 2025, Nokia repurchased 1,396,657 own shares at an average price of EUR 4.74, as part of a larger initiative targeting the repurchase of 150 million shares by the end of 2025, with a maximum aggregate purchase price of EUR 900 million. This move aims to enhance shareholder value and stabilize the company’s share structure.

More about Nokia

Nokia is a B2B technology innovation leader specializing in the development of mobile, fixed, and cloud networks. The company is recognized for pioneering networks that sense, think, and act, leveraging intellectual property and long-term research led by Nokia Bell Labs. Nokia’s high-performance networks are designed to integrate seamlessly into any ecosystem, providing secure, reliable, and sustainable digital services for service providers, enterprises, and partners worldwide.

YTD Price Performance: 13.31%

Average Trading Volume: 2,882,113

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €26.11B

For detailed information about 0HAF stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1