Nokia (GB:0HAF) has released an update.
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Nokia has initiated a share buyback program to counteract the dilution effects of shares issued to Infinera Corporation’s shareholders and certain stock-based incentives. The program, which began on November 25, 2024, aims to repurchase up to 150 million shares with a total budget of up to 900 million euros, and is set to conclude by December 31, 2025. This strategic move reflects Nokia’s commitment to maintaining shareholder value amidst corporate actions.
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