Nokia ( (GB:0HAF) ) has shared an announcement.
Nokia has initiated a share buyback program to offset the dilution effects of shares issued to Infinera Corporation’s shareholders and certain stock-based incentives. The program, which began in November 2024 and will conclude by the end of 2025, aims to acquire 150 million shares with a total budget of up to 900 million euros. As of March 25, 2025, Nokia has repurchased shares worth 15,388,910 euros, bringing its total owned shares to 197,228,875. This strategic move is expected to strengthen Nokia’s market position and reassure stakeholders of its commitment to maintaining shareholder value.
More about Nokia
Nokia is a leader in B2B technology and innovation, pioneering future-sensing, intelligent network solutions. With expertise in fixed, mobile, and cloud service networks, Nokia has been creating value through intellectual property and long-term R&D, led by the award-winning Nokia Bell Labs, for over 100 years. Their open-architecture network solutions integrate seamlessly across ecosystems, enabling new opportunities for network commercialization and scaling. Service providers, enterprises, and partners globally trust Nokia’s network performance, sustainability, and security standards.
YTD Price Performance: 16.93%
Average Trading Volume: 2,613,328
Technical Sentiment Signal: Sell
Current Market Cap: €26.58B
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