Nokia Transfers Shares to Incentive Plan Participants

Nokia ( (GB:0HAF) ) just unveiled an update.

Nokia Corporation has transferred 289,221 of its own shares to participants of its equity-based incentive plans, as per a resolution by the Board of Directors. This action reflects Nokia’s commitment to fulfilling its obligations under these incentive plans, and the company now holds 65,409,825 of its own shares. This transfer is part of Nokia’s broader strategy to incentivize and retain key talent, which could impact its operational effectiveness and market positioning.

More about Nokia

Nokia is a B2B technology innovation leader focused on pioneering networks that sense, think, and act across mobile, fixed, and cloud networks. The company creates value through intellectual property and long-term research, led by Nokia Bell Labs. Nokia is trusted by service providers, enterprises, and partners worldwide to deliver secure, reliable, and sustainable networks, and to develop future digital services and applications.

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