Nokia AGM Backs Flexible Payout Policy, Board Refresh and Expanded Share Authorizations

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

Nokia’s Annual General Meeting in Helsinki approved all board proposals, including a decision not to declare an AGM dividend while authorizing the board to distribute up to EUR 0.14 per share later from retained earnings or unrestricted equity. Shareholders also renewed key capital management tools, allowing repurchases of up to 550 million shares and issuance of an equal number to support balance sheet flexibility, acquisitions and incentive plans.

The AGM re-elected nine board members, added Meredith Whittaker, and appointed Timo Ihamuotila as chair and Thomas Saueressig as vice chair, alongside refreshed committee lineups and updated board fees, 40% of which will be paid in Nokia shares to align directors with investors. Deloitte Oy was reappointed as both auditor and sustainability reporting assurer for 2027, underscoring continued emphasis on financial oversight and ESG reporting quality at the Finnish network equipment maker.

More about Nokia

Nokia is a global leader in connectivity technologies for the AI era, with core expertise spanning fixed, mobile and transport networks. The company focuses on advancing next-generation network infrastructure to support secure, high-performance communications for operators, enterprises and governments worldwide.

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