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Nokia ( (GB:0HAF) ) just unveiled an announcement.
Nokia has announced the continuation of its share buyback program, aimed at counterbalancing the dilution effects of shares given to Infinera Corporation shareholders and certain stock-based incentives. The program, authorized by the company’s board and adhering to EU regulations, targets acquiring up to 150 million shares with a budget of 900 million euros, concluding by the end of 2025. As of February 21, 2025, Nokia acquired shares worth 6.6 million euros, increasing its treasury shares to over 255 million, reflecting its strategic financial management to enhance shareholder value.
More about Nokia
Nokia is a leader in B2B technology and innovation, known for pioneering intelligent networking solutions. With expertise in fixed, mobile, and cloud networks, Nokia has been creating value through intellectual property and research led by the renowned Nokia Bell Labs for over a century. The company focuses on open architecture, seamless network integration, and providing high-performance, sustainable, and secure solutions for service providers, enterprises, and global partners.
YTD Price Performance: 13.17%
Average Trading Volume: 2,763,143
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €26.07B
For detailed information about 0HAF stock, go to TipRanks’ Stock Analysis page.
