Nokia Executes Share Buyback Program

On December 20, 2024, Nokia Corporation executed a significant share buyback, purchasing 872,093 shares at an average price of EUR 4.19 each, totaling approximately EUR 3.66 million. This transaction is part of a broader buyback program initiated to counteract dilution from new shares issued to Infinera Corporation stakeholders, with a goal to repurchase 150 million shares for up to EUR 900 million by the end of 2025. The program, compliant with EU regulations, aims to strengthen Nokia's market position and enhance shareholder value. Following this buyback, Nokia's treasury shares have increased to over 218 million. Renowned for its innovation in B2B technology, Nokia continues to develop advanced network solutions that integrate seamlessly across various ecosystems. The company's strategic focus on shareholder returns reflects a larger trend in corporate finance aimed at optimizing capital structures and signaling confidence in future growth.