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Nokia Aligns Board Compensation with Share-Based Incentives

Story Highlights
  • Nokia focuses on B2B technology innovation in mobile, fixed, and cloud networks.
  • Nokia’s Board members receive 40% of their annual fee in shares, aligning incentives with company performance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Nokia ( (GB:0HAF) ) just unveiled an announcement.

Nokia Corporation announced that approximately 40% of the annual fee for its Board members will be paid in Nokia shares, as resolved in the recent Annual General Meeting. This transaction, involving the purchase of shares for Board member Thomas Dannenfeldt, reflects Nokia’s commitment to aligning management incentives with company performance, potentially impacting stakeholder confidence and market perception.

More about Nokia

Nokia is a leader in B2B technology innovation, focusing on mobile, fixed, and cloud networks. The company leverages its expertise in intellectual property and research through Nokia Bell Labs to create high-performance networks that integrate into various ecosystems, providing secure and sustainable solutions for service providers, enterprises, and partners globally.

Average Trading Volume: 3,494,855

Technical Sentiment Signal: Buy

Current Market Cap: €23.16B

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