tiprankstipranks
Nokia Launches Share Buyback to Offset Acquisition Impact
Company Announcements

Nokia Launches Share Buyback to Offset Acquisition Impact

Nokia (GB:0HAF) has released an update.

Don't Miss our Black Friday Offers:

Nokia has announced a share buyback program to offset the dilution effects of its acquisition of Infinera Corporation. The program aims to purchase up to 150 million shares for a total of 900 million euros and is expected to conclude by the end of 2025. Shares will be bought back from the Nasdaq Helsinki exchange and certain other trading venues, excluding the United States.

For further insights into GB:0HAF stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyNokia board resolves to issue 150M new shares in a directed share issuance
TipRanks UK Auto-Generated NewsdeskNokia’s Strategic Share Buyback Amid Infinera Acquisition
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App