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Nokia Aligns Board Interests with Share-Based Incentives

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Nokia Aligns Board Interests with Share-Based Incentives

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Nokia ( (GB:0HAF) ) has issued an announcement.

Nokia Corporation announced a transaction involving the purchase of shares for Board member Timo Ihamuotila as part of the company’s policy to pay approximately 40% of the annual fee of Board members in Nokia shares. This move underscores Nokia’s commitment to aligning the interests of its Board with the company’s performance, potentially impacting its governance and stakeholder relations positively.

More about Nokia

Nokia is a leader in B2B technology innovation, focusing on pioneering networks across mobile, fixed, and cloud domains. The company leverages its expertise in intellectual property and long-term research, spearheaded by Nokia Bell Labs, to create high-performance networks that integrate seamlessly into various ecosystems. Nokia is trusted by service providers, enterprises, and partners globally to deliver secure, reliable, and sustainable networks, while also developing future digital services and applications.

Average Trading Volume: 3,494,855

Technical Sentiment Signal: Buy

Current Market Cap: €23.16B

For a thorough assessment of 0HAF stock, go to TipRanks’ Stock Analysis page.

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