Nokia Initiates Share Buyback to Offset Infinera Dilution

Nokia ( (GB:0HAF) ) has shared an announcement.

Nokia has announced the purchase of its own shares as part of a buyback program intended to offset the dilution effect of shares given to Infinera Corporation shareholders. The buyback program, in compliance with EU regulations, aims to acquire up to 150 million shares with a maximum total expenditure of 900 million euros, running until the end of 2025. The recent transaction conducted on January 17, 2025, amounted to a total of 3,826,308 euros, enhancing Nokia’s share ownership to over 230 million shares. This strategic move is expected to impact the company’s share market dynamics and reassure investors regarding the company’s financial strategies.

More about Nokia

Nokia is a leader in B2B technology and innovation, pioneering advanced network solutions that are designed to be intuitive and future-ready. The company has a strong foundation in fixed, mobile, and cloud networks, with a focus on creating value through intellectual property and long-term R&D, led by the award-winning Nokia Bell Labs. Nokia’s efficient network solutions, based on open architecture, seamlessly integrate with various ecosystems, providing new opportunities for network commercialization and scaling. Service providers, businesses, and other partners worldwide trust Nokia for its network performance, responsibility, and security standards, as they work together to develop future digital services and applications.

YTD Price Performance: 1.97%

Average Trading Volume: 2,352,894

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €23.69B

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