Nokia ( (GB:0HAF) ) has provided an update.
Nokia Corporation announced the repurchase of its own shares as part of a share buyback program initiated to offset the dilutive effect of new shares issued to Infinera Corporation shareholders. On March 25, 2025, Nokia acquired over 3.1 million shares at an average price of EUR 4.96, with the total transaction costing EUR 15,388,910. This buyback program, authorized by Nokia’s Annual General Meeting, aims to repurchase 150 million shares by the end of 2025, reflecting Nokia’s strategic financial management and commitment to shareholder value.
More about Nokia
Nokia is a B2B technology innovation leader, focusing on creating networks that sense, think, and act by leveraging mobile, fixed, and cloud networks. The company is renowned for its intellectual property and long-term research, led by Nokia Bell Labs. Nokia provides secure, reliable, and sustainable networks, serving service providers, enterprises, and partners globally.
YTD Price Performance: 16.93%
Average Trading Volume: 2,613,328
Technical Sentiment Signal: Sell
Current Market Cap: €26.58B
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