Nokia Corporation: Repurchase of own shares on 08.11.2024
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Nokia Corporation has repurchased 1,544,405 of its own shares at an average price of EUR 4.21 as part of a share buyback program announced in January 2024. The program aims to return up to EUR 600 million to shareholders over two years.
November 08, 2024 | 8:45 pm
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Nokia has repurchased 1,544,405 shares at EUR 4.21 each as part of its ongoing share buyback program, which aims to return EUR 600 million to shareholders over two years.
The repurchase of shares is part of a strategic buyback program to return capital to shareholders, which can positively impact the stock price by reducing the number of shares outstanding and potentially increasing earnings per share.
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