Nokia Corporation Stock Exchange Release 11 February 2025
Nokia’s Share Repurchase Program
On 11 February 2025, Nokia Corporation announced that it has acquired its own shares on the stock exchange. The company repurchased a total of 1,390,880 shares at a weighted average price of 4.69 EUR per share. This move is part of Nokia’s ongoing share buyback program, which was initiated in November 2024 to offset the dilutive effect of new shares issued to shareholders of Infinera Corporation and certain Infinera Corporation share-based incentives.
Compliance and Authorization
Nokia’s share repurchases are being conducted in compliance with the Market Abuse Regulation (MAR) and the Commission Delegated Regulation. The company is authorized to repurchase up to 150 million shares by the end of December 2025, with a maximum aggregate purchase price of EUR 900 million.
As a long-standing leader in the telecommunications industry, Nokia’s decision to buy back its own shares reflects its confidence in its financial position and growth prospects. The move is aimed at enhancing shareholder value and reducing the impact of dilution from recent share issuances.
Impact on Individuals
For individual investors, Nokia’s share repurchase program could potentially lead to an increase in the company’s stock price. By reducing the number of outstanding shares in the market, the buyback may create scarcity and drive up demand for Nokia’s stock. This could result in capital gains for investors who hold Nokia shares.
Global Implications
On a global scale, Nokia’s buyback program could have broader implications for the telecommunications industry and financial markets. As a major player in the sector, Nokia’s strategic moves are closely watched by competitors, investors, and industry analysts. The company’s decision to repurchase its own shares signals confidence in its business strategy and financial stability, which could have a positive impact on market sentiment.
Conclusion
In conclusion, Nokia Corporation’s share repurchase program demonstrates its commitment to enhancing shareholder value and strengthening its financial position. By proactively managing its capital structure and optimizing its share count, Nokia aims to drive long-term growth and deliver returns to its investors.
