Nokia Initiates €900 Million Share Buyback Program

Nokia Corporation has launched a strategic share buyback program aiming to mitigate the dilution caused by new shares issued during its acquisition of Infinera Corporation. Starting in November 2024 and set to continue until the end of 2025, the initiative plans to repurchase up to 150 million shares with a budget of €900 million. As of April 1, 2025, Nokia has already repurchased approximately 3.94 million shares at an average price of €4.99, bringing its total treasury shares to over 217 million. The buyback is compliant with EU regulations and aligns with Nokia's strategy to enhance shareholder value. This move reflects Nokia's ongoing commitment to innovation and leadership in B2B technology, particularly in network solutions. The company emphasizes collaboration with service providers and partners to drive the development of future digital services and applications.