Nokia Corporation: Repurchase of own shares on 21.03.2025
Globenewswire·2025-03-21 20:30

Core Viewpoint - Nokia Corporation has executed a share repurchase program to mitigate the dilutive impact of new shares issued to Infinera Corporation shareholders and related incentives, with a total target of 150 million shares for a maximum purchase price of EUR 900 million [2]. Group 1: Share Repurchase Details - On 21 March 2025, Nokia acquired a total of 4,227,771 shares at a weighted average price of EUR 4.92 per share [1][3]. - The total cost of the transactions on this date amounted to EUR 20,782,877 [3]. - Following these transactions, Nokia holds 190,328,538 treasury shares [3]. Group 2: Share Buyback Program - The share buyback program was initiated on 25 November 2024 and is set to conclude by 31 December 2025 [2]. - The program is in compliance with the Market Abuse Regulation (EU) 596/2014 and the Commission Delegated Regulation (EU) 2016/1052 [2].