Nokia CEO Acquires Over 600,000 Shares Under Incentive Plan

Nokia Corporation recently transferred 129,878 of its own shares without compensation to participants in its equity-based incentive programs, reducing the number of shares it holds to 65,699,046 as part of its commitment to align employee and shareholder interests. Additionally, CEO Justin Hotard acquired 609,274 Nokia shares on NASDAQ Helsinki at €4.6301 per share under a long-term incentive plan designed to align his interests with those of the company and shareholders. Nokia continues to emphasize its leadership in B2B technology innovation, focusing on intelligent and responsive network solutions across mobile, fixed, and cloud networks, and leveraging its century-old research and intellectual property legacy through Nokia Bell Labs. The company’s open architecture networks enable seamless integration into various ecosystems, creating new commercial opportunities and supporting secure, reliable, and sustainable networks globally. These moves underscore Nokia's strategic focus on future digital services and applications, reinforcing confidence among service providers, enterprises, and partners worldwide. The share transfers and CEO acquisition symbolize Nokia's commitment to fostering long-term value creation and leadership in the technology sector.