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Nokia Transfers Over 5.5 Million Shares for Incentive Programs

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Nokia Transfers Over 5.5 Million Shares for Incentive Programs

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Nokia ( (GB:0HAF) ) has shared an announcement.

Nokia has transferred 5,578,417 of its shares to participants in its share-based incentive programs, as per the terms set by the company’s board decision announced on November 22, 2024. This transfer reduces Nokia’s treasury shares to 31,131,121. The move is part of Nokia’s strategy to fulfill commitments under its incentive programs, potentially impacting its stock management and stakeholder relations.

More about Nokia

Nokia is a leader in B2B technology and innovation, pioneering future-sensing, intelligent network solutions. The company’s leadership is based on expertise in fixed, mobile, and cloud network services, with a strong emphasis on intellectual property and long-term research led by Nokia Bell Labs. Nokia’s efficient network solutions, based on open architecture, integrate seamlessly into various ecosystems, enabling new opportunities for network commercialization and scaling. Service providers, enterprises, and partners worldwide trust Nokia’s network performance, sustainability, and security standards.

For a thorough assessment of 0HAF stock, go to TipRanks’ Stock Analysis page.

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