Nokia Transfers 3.9 Million Shares to Incentive Program Participants
Nokia Transfers 3.9 Million Shares to Incentive Program Participants

Nokia Transfers 3.9 Million Shares to Incentive Program Participants

News summary

Nokia Corporation has distributed 3,935,723 of its shares to participants in its share-based incentive programs, following a board resolution made on November 22, 2024. This distribution leaves the company with 216,573,408 of its own shares, reflecting its commitment to rewarding and retaining talent. As a leader in B2B technology, Nokia continues to innovate in mobile, fixed, and cloud networks, with a strong focus on intellectual property and research led by Nokia Bell Labs. The company's network solutions are designed for seamless integration across various ecosystems, enhancing monetization and scalability opportunities. This strategic move aims to strengthen Nokia's market position and enhance stakeholder relations in a competitive landscape. The information was confirmed through multiple sources, including press releases and stock exchange announcements.

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