Nokia ( (GB:0HAF) ) has provided an announcement.
Nokia Corporation announced the repurchase of over 4.2 million of its own shares as part of a buyback program initiated to offset the dilutive effects of new shares issued to Infinera Corporation shareholders. This move is part of a larger strategy to repurchase 150 million shares by the end of 2025, with a total transaction cost of approximately EUR 20.78 million for the shares acquired on March 21, 2025. The buyback program aims to strengthen Nokia’s market position and shareholder value.
More about Nokia
Nokia is a B2B technology innovation leader that focuses on pioneering networks across mobile, fixed, and cloud networks. The company is known for its intellectual property and long-term research, driven by Nokia Bell Labs. Nokia provides secure, reliable, and sustainable networks, creating digital services and applications for the future.
YTD Price Performance: 16.52%
Average Trading Volume: 2,606,152
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €26.8B
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