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Nokia ( (GB:0HAF) ) just unveiled an announcement.
Nokia Corporation has initiated a share buyback program as part of a strategy to counteract the dilutive effects of shares issued to Infinera Corporation shareholders and certain incentives. On February 21, 2025, Nokia repurchased 1,384,423 of its own shares at an average price of EUR 4.78, with a total transaction cost of EUR 6,616,434. The program, which aims to buy back up to 150 million shares for a total of EUR 900 million by the end of 2025, is expected to enhance shareholder value and maintain share price stability.
More about Nokia
Nokia is a leading B2B technology innovator that develops networks across mobile, fixed, and cloud platforms. It focuses on creating open architectures for service providers, enterprises, and partners globally, aiming to deliver secure, reliable, and sustainable network solutions.
YTD Price Performance: 13.17%
Average Trading Volume: 2,763,143
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €26.07B
For detailed information about 0HAF stock, go to TipRanks’ Stock Analysis page.
