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Nokia ( (GB:0HAF) ) has issued an update.
Nokia Corporation has initiated a share buyback program to mitigate the dilution of shares due to new issues related to its acquisition of Infinera Corporation. This program, authorized by Nokia’s Annual General Meeting, aims to repurchase 150 million shares for up to EUR 900 million by the end of 2025, reflecting a strategic move to maintain shareholder value and market positioning.
More about Nokia
Nokia is a B2B technology innovation leader that creates networks across mobile, fixed, and cloud sectors. Known for its pioneering work through Nokia Bell Labs, the company focuses on delivering secure and sustainable networks that integrate into any ecosystem, providing value through intellectual property and long-term research.
YTD Price Performance: 40.64%
Average Trading Volume: 2,533,942
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €22.79B
For detailed information about 0HAF stock, go to TipRanks’ Stock Analysis page.
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