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Between 20 March 2024 and 21 November 2024, Nokia repurchased 157,646,220 of its own shares (FI0009000681) at an average price per share of approximately EUR 3.81. Nokia expects to cancel the acquired shares in December 2024. The repurchases under the share buyback program reduced the Company’s unrestricted equity by EUR 600 million.
These programs include Nokia LTI Plans 2021‒2023 and 2024–2026, Nokia Employee Share Purchase Plan 2024‒2026 and 2016 Equity Incentive Plan of Infinera Corporation which will be assumed by Nokia following completion of the merger under the Merger Agreement ("Equity Programs").
Nokia Corporation [5] [a] is a Finnish multinational telecommunications, information technology, and consumer electronics corporation, originally established as a pulp mill in 1865. Nokia's main headquarters are in Espoo, Finland, in the Helsinki metropolitan area, [3] but the company's actual roots are in the Tampere region of Pirkanmaa. [6]
Nokia's U.S.-listed shares surged to $9.79 on Wednesday, up 133% for the week, to their highest level in 10 years. Nokia not aware of any reason for share surge Skip to main content
After the launch, Nokia's share price fell approximately 14 percent [118] and Nokia's smartphone sales rapidly decreased. [119] Between 2011 until 2013, Nokia's sales of smartphones fell from first in the market to tenth.
Stephen Elop (born 31 December 1963) is a Canadian businessman who most recently worked at Australian telecom company Telstra from April 2016. [1] In the past he had worked for Nokia as its first non-Finnish CEO [2] [3] and later as Executive Vice President, Devices & Services, as well as the head of the Microsoft Business Division, as the COO of Juniper Networks, as the president of worldwide ...
Nokia <NOKIA.HE> has rehired former executive Pekka Lundmark from energy group Fortum <FORTUM.HE> to lead the Finnish telecoms company's efforts to revive its faltering 5G business.