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Nokia Cancels 150 Million Shares in Strategic Buyback

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

Nokia has canceled 150 million of its own shares as part of a buyback program initiated in November 2024, which concluded in April 2025. This cancellation does not affect the company’s share capital or total equity, leaving Nokia with over 5.4 billion shares outstanding and retaining 66 million of its own shares. This strategic move is part of Nokia’s ongoing efforts to optimize its capital structure and enhance shareholder value.

More about Nokia

Nokia is a leader in B2B technology and innovation, specializing in advanced network solutions that integrate seamlessly into various ecosystems. With expertise in fixed, mobile, and cloud service networks, Nokia has been a pioneer in creating value through intellectual property and long-term research and development, led by the acclaimed Nokia Bell Labs for over a century. The company is trusted globally for its network performance, sustainability, and security standards, working with partners to develop future digital services and applications.

YTD Price Performance: 7.28%

Average Trading Volume: 3,252,832

Technical Sentiment Signal: Sell

Current Market Cap: €24.75B

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

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