An update from Nokia ( (GB:0HAF) ) is now available.
Nokia has announced a share buyback on March 28, 2025, as part of a program initiated to offset the dilution effects of shares and incentives related to Infinera Corporation. The buyback program, which aims to acquire 150 million shares with a total budget of up to 900 million euros, is expected to conclude by December 31, 2025. The recent acquisition involved 4,666,031 shares at an average price of 4.90 euros per share, costing a total of 22,850,954 euros. This strategic move reflects Nokia’s commitment to maintaining shareholder value and its proactive approach to managing equity dilution.
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 network services, Nokia has been creating value through intellectual property and long-term research, led by the acclaimed Nokia Bell Labs, for over a century. Their efficient network solutions, based on open architecture, integrate seamlessly into various ecosystems, offering new opportunities for network commercialization and scalability. Service providers, enterprises, and partners globally trust Nokia’s network performance, responsibility, and security standards.
YTD Price Performance: 14.37%
Average Trading Volume: 2,564,580
Technical Sentiment Signal: Sell
Current Market Cap: €26B
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