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Nokia ( (GB:0HAF) ) has provided an update.
Nokia Corporation has repurchased its own shares as part of a buyback program initiated to address the dilutive effect of new shares issued to Infinera Corporation’s shareholders and for share-based incentives. The program, which complies with EU regulations, aims to repurchase 150 million shares by the end of 2025, with a total transaction cost on January 16, 2025, amounting to EUR 3,795,610, thereby impacting the company’s shareholding structure and market operations.
More about Nokia
Nokia is a B2B technology innovation leader, focusing on pioneering networks across mobile, fixed, and cloud sectors. The company leverages intellectual property and research from Nokia Bell Labs to deliver secure, reliable networks and create digital services for a global clientele of service providers, enterprises, and partners.
YTD Price Performance: 4.65%
Average Trading Volume: 2,427,137
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €23.92B
Learn more about 0HAF stock on TipRanks’ Stock Analysis page.