Nokia Corporation Stock Buyback Program

What does it mean for Nokia Corporation?

Nokia Corporation recently announced that it has acquired 1,400,000 of its own shares on 07.02.2025 as part of a share buyback program. The program was initiated by Nokia’s Board of Directors to offset the dilutive effect of new shares issued to shareholders of Infinera Corporation and certain Infinera Corporation share-based incentives.

Why is Nokia Corporation repurchasing its own shares?

The repurchases are being made in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052, and under the authorization granted by Nokia’s Annual General Meeting on 3 April 2024. The company aims to repurchase 150 million shares by 31 December 2025 for a maximum aggregate purchase price of EUR 900 million.

How will this affect me?

As a shareholder of Nokia Corporation, the share buyback program could potentially lead to an increase in the value of your shares. By reducing the number of outstanding shares in the market, the company aims to enhance shareholder value and earnings per share.

How will this affect the world?

While the impact of Nokia Corporation’s share buyback program may seem insignificant on a global scale, it reflects the company’s commitment to maximizing shareholder value and maintaining a strong financial position. This could potentially boost investor confidence in the market and contribute to overall market stability.

Conclusion

Overall, Nokia Corporation’s repurchase of its own shares is a strategic move aimed at enhancing shareholder value and offsetting the dilutive effect of new shares issued. By proactively managing its capital structure, Nokia is positioning itself for long-term success in the competitive telecommunications market.