Nokia Corporation: Repurchase of own shares on 20.11.2024
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Nokia Corporation has repurchased 4,169,822 of its own shares at an average price of EUR 4.07 as part of a share buyback program initiated to return up to EUR 600 million to shareholders over two years.
November 20, 2024 | 8:45 pm
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Nokia has repurchased over 4 million shares as part of its ongoing share buyback program, which aims to return EUR 600 million to shareholders.
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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