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Nokia Transfers Shares to Fulfill Incentive Program Commitments

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Nokia Transfers Shares to Fulfill Incentive Program Commitments

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

Nokia has transferred 536,655 of its shares to participants in its share-based incentive programs, as per the board’s decision announced on November 22, 2024. This transfer reduces the number of shares held by Nokia to 150,373,657. This move is part of Nokia’s ongoing efforts to fulfill commitments under its incentive programs, which could impact its financials and stakeholder relations by aligning employee interests with company performance.

More about Nokia

Nokia is a leader in B2B technology and innovation, pioneering future-ready network solutions. The company excels in fixed, mobile, and cloud network technologies, leveraging its intellectual property and research, notably through Nokia Bell Labs, to create value. Nokia’s open architecture network solutions integrate seamlessly across ecosystems, enhancing network commercialization and scalability. Service providers, enterprises, and partners globally trust Nokia for its network performance, responsibility, and security standards.

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