Nokia Corporation: Repurchase of own shares on 19.11.2024
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Nokia Corporation has repurchased 3,958,411 of its own shares at an average price of EUR 4.17 per share as part of a share buyback program initiated to return up to EUR 600 million to shareholders over two years.
November 19, 2024 | 8:45 pm
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Nokia has repurchased nearly 4 million shares at EUR 4.17 each, continuing its share buyback program aimed at returning EUR 600 million to shareholders.
The repurchase of shares typically indicates that the company believes its stock is undervalued, which can be a positive signal to investors. This action is part of a larger buyback program, suggesting a commitment to returning value to shareholders.
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