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Nokia Transfers Shares for Incentive Programs

Story Highlights
  • Nokia transferred over 3.9 million shares to incentive program participants.
  • The transfer aligns with Nokia’s strategy to reward and retain talent through equity incentives.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nokia Transfers Shares for Incentive Programs

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

Nokia has transferred 3,935,723 of its own shares to participants in its share-based incentive programs, in accordance with a board decision announced on November 22, 2024. This transfer leaves Nokia with 216,573,408 of its own shares, reflecting the company’s ongoing commitment to rewarding and retaining talent through equity incentives, which may impact its financial positioning and stakeholder interests.

More about Nokia

Nokia is a leader in B2B technology and innovation, specializing in advanced network solutions that integrate seamlessly with various ecosystems. With expertise in fixed, mobile, and cloud service networks, Nokia has been at the forefront of technological advancements for over a century, driven by its renowned Nokia Bell Labs. The company is committed to creating value through intellectual property and long-term research and development, offering performance, responsibility, and security standards trusted by service providers, enterprises, and partners globally.

YTD Price Performance: 2.72%

Average Trading Volume: 2,754,490

Technical Sentiment Signal: Strong Sell

Current Market Cap: €23.88B

For an in-depth examination of 0HAF stock, go to TipRanks’ Stock Analysis page.

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