Nokia ( (GB:0HAF) ) just unveiled an announcement.
Nokia Corporation has repurchased 4,174,747 of its own shares on March 31, 2025, as part of a share buyback program initiated to offset the dilutive effect of new shares issued to Infinera Corporation shareholders. The buyback, which aims to repurchase 150 million shares by the end of 2025, is conducted under the Market Abuse Regulation and authorized by Nokia’s Annual General Meeting, with a total transaction cost of EUR 20,131,882 for the day. This move is part of Nokia’s strategic efforts to manage its share capital and enhance shareholder value.
More about Nokia
Nokia is a leader in B2B technology innovation, specializing in mobile, fixed, and cloud networks. The company is known for pioneering networks that sense, think, and act, and is supported by Nokia Bell Labs’ long-term research. Nokia provides secure and reliable networks, creating opportunities for monetization and scale for service providers, enterprises, and partners globally.
YTD Price Performance: 15.33%
Average Trading Volume: 2,614,155
Technical Sentiment Signal: Sell
Current Market Cap: €26.23B
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