Nokia ( (GB:0HAF) ) has issued an update.
Nokia Corporation announced the repurchase of its own shares as part of a buyback program initiated to offset the dilutive effect of new shares issued to Infinera Corporation shareholders. On March 28, 2025, Nokia acquired over 4.6 million shares at an average price of EUR 4.90 per share, with the total transaction cost amounting to EUR 22.85 million. This buyback is part of a larger plan to repurchase 150 million shares by the end of 2025, with a maximum aggregate purchase price of EUR 900 million, reflecting Nokia’s strategic efforts to manage its share capital and enhance shareholder value.
More about Nokia
Nokia is a leader in B2B technology innovation, focusing on mobile, fixed, and cloud networks. The company is known for pioneering networks that sense, think, and act, leveraging intellectual property and research from Nokia Bell Labs. Nokia provides secure, reliable, and sustainable networks, serving service providers, enterprises, and partners globally.
YTD Price Performance: 14.37%
Average Trading Volume: 2,564,580
Technical Sentiment Signal: Sell
Current Market Cap: €26B
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