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Nokia ( (GB:0HAF) ) has provided an announcement.
Nokia has announced the repurchase of 1.4 million of its own shares as part of a broader buyback program initiated to offset the dilution effects of shares issued to Infinera Corporation shareholders and certain stock-based incentives. This program, which started in November 2024 and is due to conclude by the end of 2025, aims to acquire a total of 150 million shares with a budget of up to 900 million euros, reinforcing Nokia’s market position and financial strategy.
More about Nokia
Nokia is a leader in B2B technology and innovation, pioneering advanced network solutions that sense, think, and act for the future. With expertise in fixed, mobile, and cloud networks, Nokia has created value through intellectual property and long-term research, led by the award-winning Nokia Bell Labs for over 100 years. Their open-architecture network solutions integrate seamlessly into various ecosystems, enhancing network commercialization and scalability. Service providers, businesses, and partners worldwide trust Nokia’s network performance, responsibility, and security standards, as they collaborate to develop future digital services and applications.
YTD Price Performance: 10.09%
Average Trading Volume: 2,492,964
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €25.16B
For an in-depth examination of 0HAF stock, go to TipRanks’ Stock Analysis page.
