Nokia Transfers Shares to Incentive Program Participants

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

Nokia has transferred 289,221 of its own shares to participants in its share-based incentive programs, as per the terms of these programs. This transfer follows a decision made by the board on November 22, 2024, to allocate shares held by the company to fulfill program commitments. After this transaction, Nokia holds 65,409,825 of its own shares. This move reflects Nokia’s ongoing commitment to incentivizing its workforce and aligning their interests with those of the company, potentially impacting its market positioning and stakeholder relations.

More about Nokia

Nokia is a leader in B2B technology and innovation, pioneering future-sensing, thinking, and intelligent network solutions. The company’s leadership is based on expertise in fixed, mobile, and cloud service networks, and it has been creating value through intellectual property and long-term R&D led by Nokia Bell Labs for over 100 years. Nokia’s efficient network solutions, based on open architecture, integrate seamlessly with various ecosystems, enabling new opportunities for network commercialization and scaling. Service providers, enterprises, and other partners worldwide trust Nokia’s network performance, responsibility, and security standards.

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