Nokia Corporation: Repurchase of own shares on 18.11.2024
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Nokia Corporation has repurchased 1,761,788 of its own shares at an average price of EUR 4.20 per share as part of a share buyback program initiated to return up to EUR 600 million to shareholders over two years.
November 18, 2024 | 8:45 pm
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Nokia has repurchased 1,761,788 shares at EUR 4.20 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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