Nokia Transfers Shares to Incentive Program Participants

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

Nokia has transferred 39,963 company shares as part of its share-based incentive program to participants, in line with a board decision announced on November 11, 2024. This transaction reflects Nokia’s commitment to fulfilling its program commitments, leaving the company with 229,926,340 shares. Such actions are part of strategic personnel incentives aimed at fostering innovation and aligning company goals with employee performance, reinforcing Nokia’s market position and operational focus.

More about Nokia

Nokia is a leader in B2B technology and innovation, pioneering sensing, thinking, and intelligent network solutions. The company’s expertise lies in fixed, mobile, and cloud service networks, with a focus on creating value through intellectual property and research led by Nokia Bell Labs. Nokia’s efficient network solutions, based on open architecture, integrate seamlessly into various ecosystems, providing new opportunities for network commercialization and scaling. Its network performance, responsibility, and security standards are trusted by service providers, enterprises, and partners worldwide as they develop future digital services and applications.

YTD Price Performance: 4.46%

Average Trading Volume: 2,201,103

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €24.23B

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