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Nokia ( (GB:0HAF) ) has issued an update.
Nokia Corporation announced the repurchase of 872,093 of its own shares on January 28, 2025, as part of a share buyback program intended to offset the dilutive effects of shares issued to Infinera Corporation shareholders. The buyback is part of a broader initiative targeting the repurchase of 150 million shares for a maximum cost of EUR 900 million, aligning with regulatory compliance and the company’s strategy to maintain shareholder value.
More about Nokia
Nokia is a B2B technology innovation leader, focusing on pioneering networks that sense, think, and act across mobile, fixed, and cloud networks. The company leverages intellectual property and long-term research from Nokia Bell Labs to deliver secure, reliable, and sustainable networks, with a commitment to creating digital services and applications for the future.
YTD Price Performance: 1.71%
Average Trading Volume: 2,612,298
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €23.6B
See more insights into 0HAF stock on TipRanks’ Stock Analysis page.