Nokia (GB:0HAF) has released an update.
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Nokia has initiated a share buyback program, acquiring over 872,000 shares at an average price of €4.18 each, with a total expenditure of €3.65 million. This move is part of a broader plan to purchase up to 150 million shares, aiming to offset dilution effects related to its strategic acquisition of Infinera Corporation. The program, set to conclude by the end of 2025, demonstrates Nokia’s commitment to enhancing shareholder value.
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