tiprankstipranks
Trending News
More News >

Nokia Advances Share Buyback Program to Offset Infinera Dilution

Story Highlights

Protect Your Portfolio Against Market Uncertainty

The latest update is out from Nokia ( (GB:0HAF) ).

Nokia announced the repurchase of its own shares as part of a buyback program to offset dilution effects related to shares issued to Infinera Corporation’s shareholders and certain stock-based incentives. The program, which began in November 2024, aims to acquire up to 150 million shares with a total expenditure not exceeding 900 million euros, and is set to conclude by the end of 2025. As of March 19, 2025, Nokia has repurchased shares worth approximately 13.9 million euros, bringing its total holdings to over 182 million shares.

More about Nokia

Nokia is a leader in B2B technology and innovation, specializing in advanced network solutions that integrate seamlessly with various ecosystems. The company has a strong foundation in fixed, mobile, and cloud network services, and has been at the forefront of technological advancements for over a century, driven by its renowned Nokia Bell Labs.

YTD Price Performance: 17.09%

Average Trading Volume: 2,605,919

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €26.8B

Find detailed analytics on 0HAF stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App