Nokia Corp (UK) (GB:0HAF) has released an update.
Nokia Corp (UK) announced on April 26, 2024, that it has repurchased 370,000 of its own shares at a weighted average price of €3.43 per share, as part of its ongoing share buyback program aiming to return up to €600 million to shareholders over two years. The buybacks, executed under European market abuse regulations and following the authorization of Nokia’s Annual General Meeting on April 4, 2023, have now amassed a total of 87,735,836 shares in company possession. This step signifies Nokia’s commitment to shareholder value and reflects confidence in the company’s financial stability and future prospects.
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