Nokia’s Share Buyback Program: A Detailed Look
Nokia Corporation, a leading player in the technology industry, announced on 31 March 2025 that it had acquired its own shares as part of its previously announced share buyback program. The program was initiated by the Board of Directors on 22 November 2024 to offset the dilutive effect of new Nokia shares issued to Infinera Corporation shareholders and certain incentives. The repurchases will be made in compliance with the Market Abuse Regulation (MAR) and under the authorization granted by Nokia’s Annual General Meeting on 3 April 2024.
Details of the Share Repurchases
On 31 March 2025, Nokia bought back a total of 4,174,747 shares. The trading venues and number of shares purchased, as well as the weighted average price per share, are listed below:
- XHEL: 2,328,727 shares, EUR 4.82 per share
- CEUX: 1,600,000 shares, EUR 4.82 per share
- BATE: –
- AQEU: 100,000 shares, EUR 4.81 per share
- TQEX: 146,020 shares, EUR 4.83 per share
Impact on Nokia and Its Shareholders
Nokia’s share buyback program is expected to benefit the company and its shareholders in several ways. By repurchasing its own shares, Nokia will reduce the number of outstanding shares, which will increase the earnings per share (EPS) and potentially lead to an appreciation in the share price. Furthermore, the buyback program demonstrates Nokia’s confidence in the value of its own stock and its commitment to delivering value to its shareholders.
Impact on the World
Nokia’s share buyback program may have implications for the technology industry and the global economy. As one of the leading technology companies, Nokia’s actions could influence other companies to follow suit and engage in similar share repurchase programs. Additionally, the buyback program may contribute to the overall stability and liquidity of the European stock market, as Nokia is a significant player in the region.
Conclusion
Nokia Corporation’s share buyback program, announced on 31 March 2025, represents a strategic move by the company to offset dilution and enhance shareholder value. With the repurchase of 4,174,747 shares across various trading venues, Nokia is demonstrating its commitment to its stock and its faith in the company’s future prospects. The implications of this program extend beyond Nokia, potentially influencing the technology industry and the global economy.
For the latest updates on Nokia and its share buyback program, please visit the company’s official website or contact your financial advisor.
*Disclaimer: This article is for informational purposes only and should not be considered financial advice.
