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Nokia ( (GB:0HAF) ) just unveiled an update.
Nokia Corporation has initiated a share buyback program to mitigate the dilutive effects of issuing new shares related to its acquisition of Infinera Corporation. On January 29, 2025, the company repurchased 872,093 shares at an average price of EUR 4.33 per share, part of a broader strategy to buy back up to 150 million shares by the end of 2025, with a total budget of EUR 900 million. This move aims to strengthen Nokia’s financial positioning and maintain shareholder value.
More about Nokia
Nokia is a leader in B2B technology innovation, focusing on pioneering networks that integrate mobile, fixed, and cloud networks. The company leverages intellectual property and research from Nokia Bell Labs to deliver secure and reliable networks, providing opportunities for monetization and scale for service providers, enterprises, and partners globally.
YTD Price Performance: 0.99%
Average Trading Volume: 2,525,052
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €23.3B
See more insights into 0HAF stock on TipRanks’ Stock Analysis page.
