Nokia Launches Significant Stock Buyback Program

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

Nokia has initiated a stock buyback program to counteract the dilution effect of shares issued to Infinera Corporation’s shareholders. On November 27, 2024, Nokia repurchased 872,093 shares at an average price of €3.98 per share, totaling €3.47 million, as part of this initiative. The program aims to acquire up to 150 million shares, with a budget of €900 million, and will continue until the end of 2025.

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