Nokia completes the share buyback program launched in March
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Nokia has completed its share buyback program that was initiated in March. This move is part of the company's strategy to return capital to shareholders.
November 21, 2024 | 9:00 pm
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POSITIVE IMPACT
Nokia has completed its share buyback program, which is likely to positively impact the stock price by reducing the number of shares outstanding and potentially increasing earnings per share.
The completion of a share buyback program typically reduces the number of shares outstanding, which can lead to an increase in earnings per share and potentially boost the stock price. This is a positive signal to investors as it indicates the company's confidence in its financial health.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100