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Nokia Cancels 150 Million Repurchased Shares

Story Highlights
  • Nokia is a leader in B2B technology innovation, focusing on mobile, fixed, and cloud networks.
  • Nokia cancelled 150 million repurchased shares, impacting neither share capital nor total equity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

An update from Nokia ( (GB:0HAF) ) is now available.

Nokia Corporation has cancelled 150 million repurchased shares as part of its share buyback program, a move that does not impact the company’s share capital or total equity. This strategic decision aligns with Nokia’s ongoing efforts to optimize its capital structure and reflects the company’s commitment to enhancing shareholder value.

More about Nokia

Nokia is a leader in B2B technology innovation, focusing on pioneering networks across mobile, fixed, and cloud domains. The company is known for its high-performance networks that integrate seamlessly into various ecosystems, offering secure and sustainable solutions. Nokia’s work is supported by Nokia Bell Labs, which has a century-long legacy of research and innovation.

YTD Price Performance: 7.28%

Average Trading Volume: 3,252,832

Technical Sentiment Signal: Sell

Current Market Cap: €24.75B

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

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