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Nokia Aligns Board Compensation with Shareholder Interests

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Nokia ( (GB:0HAF) ) has provided an update.

Nokia announced that approximately 40% of its board members’ annual fees will be paid in company shares, following a decision made at the annual general meeting. This move, involving the acquisition of shares for board member Pernille Erenbjerg, underscores Nokia’s commitment to aligning its leadership’s interests with shareholder value, potentially impacting the company’s governance and market perception.

More about Nokia

Nokia is a leader in B2B technology and innovation, specializing in advanced network solutions that integrate seamlessly across ecosystems. With a century of experience, Nokia leverages its expertise in fixed, mobile, and cloud service networks, supported by its renowned Nokia Bell Labs, to drive value through intellectual property and long-term R&D. The company is trusted globally for its network performance, responsibility, and security standards, working with partners to develop future digital services and applications.

Average Trading Volume: 3,494,855

Technical Sentiment Signal: Buy

Current Market Cap: €23.16B

Learn more about 0HAF stock on TipRanks’ Stock Analysis page.

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