Nokia Share Buyback Program Continues
Analysis based on 36 articles · First reported Feb 05, 2025 · Last updated Mar 10, 2025
The share buyback program by Nokia is expected to have a positive impact on its stock price by reducing the number of outstanding shares, thereby increasing earnings per share. This action aims to mitigate the dilutive effects of shares issued for the Infinera Corporation acquisition, signaling confidence in Nokia's financial health.
Nokia has been actively repurchasing its own shares in February 2025, including transactions on February 5, 6, 10, 12, and 13. This ongoing share buyback program, initiated on November 22, 2024, aims to offset the dilutive effect of new Nokia shares issued to the shareholders of Infinera Corporation and for certain Infinera Corporation share-based incentives. Nokia plans to repurchase 150 million shares for a maximum aggregate purchase price of EUR 900 million, with the program set to conclude by December 31, 2025. Meritz Securities is facilitating these transactions. As of February 13, 2025, Nokia holds 247,809,658 treasury shares.
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