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An announcement from Nokia ( (GB:0HAF) ) is now available.
Nokia Corporation has initiated a share buyback program to counteract the dilution from new shares issued to Infinera Corporation shareholders and share-based incentives. On January 17, 2025, Nokia repurchased 872,093 of its own shares at an average price of EUR 4.39 per share, as part of a larger plan to buy back up to 150 million shares by the end of 2025, with a total budget of EUR 900 million. The transaction underlines Nokia’s strategic efforts to manage its equity structure and underscores its commitment to shareholders.
More about Nokia
Nokia is a B2B technology innovation leader focusing on networks that sense, think, and act, leveraging mobile, fixed, and cloud networks. The company is known for its intellectual property and long-term research through Nokia Bell Labs, offering secure, reliable, and sustainable networks globally.
YTD Price Performance: 1.97%
Average Trading Volume: 2,352,894
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €23.69B
For detailed information about 0HAF stock, go to TipRanks’ Stock Analysis page.