Nokia Initiates Major Share Buyback Program to Strengthen Market Position
I'm PortAI, I can summarize articles.
Nokia Corporation has launched a share buyback program to counteract the dilution from new shares issued to Infinera Corporation shareholders. The program, compliant with EU regulations, aims to repurchase 150 million shares by 2025 with a budget of EUR 900 million. Recently, Nokia acquired 872,093 shares for EUR 3,657,384, leaving it with 218,626,057 treasury shares. This strategic move is expected to enhance shareholder value and strengthen Nokia's market position.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments