Nokia AGM backs capital flexibility, renews board and mandates share buybacks

The latest announcement is out from Nokia ( (GB:0HAF) ).

Nokia’s annual general meeting in Helsinki approved all board proposals, including authorizations for the board to distribute up to €0.14 per share from retained earnings or the invested unrestricted equity reserve, without declaring an immediate dividend. Shareholders also renewed broad mandates for the company to repurchase up to 550 million shares and to issue up to 550 million shares or related instruments, giving Nokia continued flexibility to manage its capital structure, fund acquisitions and support share-based incentive plans.

The AGM confirmed the 2025 financial statements, discharged the board and CEO from liability, reappointed nine directors and elected Meredith Whittaker as a new member, with Timo Ihamuotila named chair and Thomas Saueressig vice chair. Committees were reconstituted, director fees were increased with around 40% paid in Nokia shares subject to holding requirements, and Deloitte was reappointed as both auditor and assurance provider for sustainability reporting, underlining a governance framework aimed at aligning board incentives with shareholders and reinforcing oversight of financial and ESG disclosures.

More about Nokia

Nokia is a Finnish technology company focused on next-generation network infrastructure for the AI era, with expertise spanning fixed, mobile and transport networks. The group develops and supplies advanced telecom and networking solutions to operators and enterprises worldwide, positioning itself as a key provider of critical connectivity for digital and AI-driven services.

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