Nokia Transfers Shares to Incentive Program Participants

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

Nokia has transferred 215,846 of its own shares to participants in its share-based incentive programs, as per the terms of these programs. This transfer, based on a board decision announced on November 11, 2024, leaves Nokia with 65,828,924 own shares. This move reflects Nokia’s commitment to fulfilling its program obligations and maintaining its strategic focus on innovation and network solutions, potentially impacting its market position and stakeholder relations.

More about Nokia

Nokia is a leader in B2B technology and innovation, pioneering future-ready, intelligent network solutions. The company’s expertise spans fixed, mobile, and cloud service networks, with a strong foundation in intellectual property and research led by Nokia Bell Labs. Nokia’s efficient network solutions, based on open architecture, integrate seamlessly with various ecosystems, offering new opportunities for network commercialization and scaling. Service providers, enterprises, and partners worldwide trust Nokia for its network performance, responsibility, and security standards.

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