Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Nokia ( (GB:0HAF) ) has provided an update.
Nokia has announced the acquisition of its own shares as part of a buyback program intended to offset the dilution effects from shares issued to Infinera Corporation’s shareholders and certain stock-based incentives. This buyback initiative, which adheres to EU market regulations, aims to acquire 150 million shares with a total budget of up to 900 million euros, reflecting Nokia’s strategic move to manage its share capital and reinforce its market position.
More about Nokia
Nokia is a leader in B2B technology and innovation, specializing in advanced network solutions. The company is renowned for its fixed, mobile, and cloud service networks, and is committed to creating value through intellectual property and research and development led by Nokia Bell Labs.
YTD Price Performance: 1.50%
Average Trading Volume: 2,474,885
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €23.3B
For detailed information about 0HAF stock, go to TipRanks’ Stock Analysis page.
