Nokia Transfers Shares to Incentive Program Participants

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

Nokia announced the transfer of 11,148 of its own shares to participants in its share-based incentive programs, in accordance with the terms of the programs. This transfer is part of a decision made by the board on November 22, 2024, to fulfill commitments under these programs. Following this transfer, Nokia holds 64,685,389 of its own shares. This move reflects Nokia’s ongoing commitment to its incentive programs, potentially impacting stakeholder confidence and aligning employee interests with company performance.

More about Nokia

Nokia is a leader in B2B technology and innovation, pioneering future-ready, intelligent network solutions. The company excels in fixed, mobile, and cloud network expertise, leveraging intellectual property and research led by Nokia Bell Labs for over a century. Its open architecture-based network solutions integrate seamlessly with various ecosystems, providing opportunities for network commercialization and scaling. Nokia’s networks are trusted globally for performance, responsibility, and security standards, as it collaborates with partners to develop future digital services and applications.

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