Nokia ( (GB:0HAF) ) just unveiled an update.
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 started in November 2024 and is set to conclude by the end of 2025, aims to acquire up to 150 million shares with a total budget of 900 million euros. As of April 2, 2025, Nokia purchased over 3 million shares for approximately 14.8 million euros, increasing its treasury shares to over 220 million. This strategic move is expected to strengthen Nokia’s market positioning and reassure stakeholders of its commitment to maintaining 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 is renowned for its expertise in fixed, mobile, and cloud service networks, and has been at the forefront of creating value through intellectual property and long-term R&D, led by the acclaimed Nokia Bell Labs for over a century.
YTD Price Performance: 18.18%
Average Trading Volume: 2,607,525
Technical Sentiment Signal: Sell
Current Market Cap: €26.01B
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