Nokia Oyj: Omien osakkeiden takaisinosto 27.02.2025
From GlobeNewswire: 2025-02-27 15:30:00
Nokia Oyj has announced the repurchase of 1,400,000 of its own shares at an average price of 4.72 euros per share on February 27, 2025. This is part of a buyback program initiated by Nokia on November 22, 2024, to compensate shareholders of Infinera Corporation for dilution caused by share grants and incentives. The program aims to repurchase 150 million shares with a total budget of up to 900 million euros, ending on December 31, 2025. Following the latest purchases, Nokia now holds 261,317,814 of its own shares. For more details, refer to the attached document.
As a leader in B2B technology and innovation, Nokia is at the forefront of creating future-oriented, intelligent network solutions. With a strong foundation in fixed, mobile, and cloud services, Nokia’s value is built on 100 years of expertise, including groundbreaking work by Nokia Bell Labs. Their open architecture network solutions seamlessly integrate into different ecosystems, enabling new opportunities for network monetization and scalability. Service providers, businesses, and partners worldwide rely on Nokia’s network performance, sustainability, and security standards to develop future digital services and applications.
For more information, contact Nokia Communications at +358 10 448 4900 or [email protected], or Nokia Investor Relations at +358 931 580 507 or [email protected].
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