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Nokia Announces Repurchase of Own Shares on April 24, 2024.

GlobeNewswire LogoGlobeNewswire1w ago

 Nokia Announces Repurchase of Own Shares on April 24, 2024. - GlobeNewswire

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Nokia CorporationStock Exchange Release24 April 2024 at 22:30 EEST Nokia Corporation: Repurchase of own shares on 24.04.2024 Espoo, Finland – On 24 April 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code)Number of sharesWeighted average price / share, EUR*XHEL392,1193.43CEUX--BATE--AQEU--TQEX--Total392,1193.43 * Rounded to two decimals On 25 January 2024, Nokia announced that its Board of Directors is initiating a share buyback program to return up to EUR 600 million of cash to shareholders in tranches over a period of two years.

The first phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052 and under the authorization granted by Nokia’s Annual General Meeting on 4 April 2023 started on 20 March 2024 and ends by 18 December 2024 with a maximum aggregate purchase price of EUR 300 million.

Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

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Article Details

Author / Journalist: Nokia Oyj

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-24 @ 19:30:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 258 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 20781783

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News Last Updated: 16 hours ago

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