Nokia Corporation: Repurchase of own shares on 12.11.2024
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Nokia Corporation has repurchased 1,961,795 of its own shares at an average price of EUR 4.24 per share 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 12, 2024 | 8:45 pm
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Nokia has repurchased nearly 2 million shares at EUR 4.24 each, continuing its share buyback program to return EUR 600 million to shareholders.
The repurchase of shares is part of a previously announced buyback program, indicating Nokia's commitment to returning value to shareholders. This action is likely to be viewed positively by investors, as buybacks can signal confidence in the company's financial health and can lead to an increase in share price due to reduced supply.
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