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Nokia Corporation: Repurchase of own shares on 31.10.2024

GlobeNewswire LogoGlobeNewswire12h ago

Nokia Corporation: Repurchase of own shares on 31.10.2024 - GlobeNewswire

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Nokia CorporationStock Exchange Release31 October 2024 at 22:30 EET Nokia Corporation: Repurchase of own shares on 31.10.2024 Espoo, Finland – On 31 October 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*XHEL1,500,0004.34CEUX200,0004.34BATE--AQEU--TQEX--Total1,700,0004.34 * 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 post-increase repurchases 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 3 April 2024 started on 22 July 2024 and end by 31 December 2024 with a maximum aggregate purchase price of EUR 600 million for all purchases during 2024.

On 19 July 2024, Nokia decided to accelerate the share buybacks by increasing the number of shares to be repurchased during the year 2024.

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Article Details

Author / Journalist: Nokia Oyj

Category: Technology

Markets:

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News Sentiment: Neutral

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Article Type: News Report

Published On: 2024-10-31 @ 20:30:00 (12 hours ago)

News Timezone: GMT +8:00

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Language: English

Article Length: 299 words

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Copyright Owner: © GlobeNewswire

News ID: 23354373

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