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Nokia ( (GB:0HAF) ) has shared an announcement.
Nokia has transferred 2,622,652 of its own shares, held in treasury, to participants in its equity-based incentive plans without consideration, fulfilling commitments made under these long-term compensation schemes. The move, based on an earlier Board decision to use treasury shares for incentives, leaves the company holding 139,291,855 own shares and reflects its ongoing use of share-based rewards to align employee interests with shareholder value.
By distributing existing treasury shares rather than issuing new stock, Nokia avoids diluting existing shareholders while still honoring its equity compensation obligations. The transaction underscores the company’s continued reliance on equity-linked incentives to retain and motivate key personnel as it competes in the global connectivity and network infrastructure market.
More about Nokia
Nokia is a global leader in connectivity for the AI era, providing fixed, mobile, and transport network solutions to telecom operators, enterprises, and other customers worldwide. Leveraging its networking expertise, the company focuses on advancing next-generation connectivity infrastructure to support data-intensive and AI-driven applications across markets.
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