Nokia Transfers 113,390 Shares to Incentive Participants

Nokia Corporation has transferred 113,390 treasury shares to participants in its equity-based incentive programs following a board resolution from November 2024, reducing its treasury shares to 65,296,435. This share allocation was completed without financial transaction and aims to fulfill the company's obligations under its incentive plans. Analysts' average price target for Nokia stands at $5.65, reflecting an approximate 10% upside from the current price, although brokerages rate the stock as a 'Hold.' Institutional investors have been actively trading Nokia shares, with several funds significantly increasing their stakes during recent quarters. Nokia continues to position itself as a leader in B2B technology and innovation, focusing on intelligent network solutions through its research arm, Nokia Bell Labs, which marks over 100 years of innovation. The company emphasizes its commitment to open architectures and secure, sustainable networks trusted by service providers and enterprises globally.