Nokia Launches €900 Million Share Buyback Program

Nokia has launched a share buyback program aimed at acquiring up to 150 million shares for a total budget of 900 million euros, primarily to mitigate dilution effects from shares issued to Infinera Corporation's shareholders and stock-based incentives. As of February 3, 2025, Nokia repurchased 872,093 shares for approximately 3.87 million euros, reinforcing its strategy to enhance shareholder value and market positioning. This initiative underscores Nokia's commitment to long-term growth and stability amidst a competitive tech landscape. The company's ongoing efforts in B2B technology and network solutions are supported by its research and development arm, Nokia Bell Labs. The buyback program aligns with European regulations and is anticipated to conclude by the end of 2025. Overall, Nokia's proactive approach signals confidence in its future performance and market presence.