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The latest update is out from Nokia ( (GB:0HAF) ).
Nokia Corporation announced the repurchase of 872,093 shares as part of a larger share buyback program intended to offset the effects of new shares issued to Infinera Corporation shareholders. The initiative, which aims to buy back up to 150 million shares for a maximum of EUR 900 million, reflects Nokia’s strategic efforts to manage its capital structure and mitigate dilution while aligning with regulatory compliance. This move underscores Nokia’s commitment to financial governance and shareholder value, potentially enhancing its position in the technology market.
More about Nokia
Nokia is a B2B technology innovation leader, pioneering in networks across mobile, fixed, and cloud platforms. The company is recognized for its intellectual property and long-term research, predominantly through Nokia Bell Labs, and is known for creating open, high-performance networks that integrate into diverse ecosystems. Nokia serves service providers, enterprises, and partners globally, offering secure, reliable, and sustainable networks and digital solutions.
YTD Price Performance: 1.50%
Average Trading Volume: 2,474,885
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €23.3B
See more insights into 0HAF stock on TipRanks’ Stock Analysis page.
