Nokia Oyj announced own share repurchase program to offset dilution effects

From GlobeNewswire: 2024-11-25 15:30:00

Nokia Oyj has announced the repurchase of its own shares on November 25, 2024. The company has acquired a total of 872,093 shares at a weighted average price of 4.04 euros per share. This buyback program aims to offset dilution effects from Infinera Corporation’s share issuance and certain stock-based incentives. The total purchase amount is capped at 900 million euros, with a goal of acquiring 150 million shares by December 31, 2025. As of November 25, 2024, Nokia holds a total of 360,574,603 own shares, with a total purchase price of 3,523,779 euros for the shares acquired on that date.



Read more at GlobeNewswire: Nokia Oyj: Omien osakkeiden takaisinosto 25.11.2024