Nokia ( (GB:0HAF) ) just unveiled an announcement.
Nokia has announced 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 started in November 2024 and will end by December 2025, aims to acquire up to 150 million shares with a total budget of 900 million euros. As of March 27, 2025, Nokia has repurchased shares worth 22.78 million euros, bringing its total holdings to over 204 million shares. This strategic move is expected to strengthen Nokia’s market position and reassure stakeholders of its commitment to shareholder value.
More about Nokia
Nokia is a leader in B2B technology and innovation, specializing in advanced network solutions that integrate seamlessly into various ecosystems. The company has a strong foundation in fixed, mobile, and cloud network services and has been a pioneer in intellectual property and research, led by the renowned Nokia Bell Labs for over a century. Nokia’s solutions are trusted globally for their performance, sustainability, and security standards, and the company collaborates with partners to develop future digital services and applications.
YTD Price Performance: 16.50%
Average Trading Volume: 2,581,407
Technical Sentiment Signal: Sell
Current Market Cap: €26.48B
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