This event is archived. Final snapshot from when the story concluded. View on Dashboard
Events / Business / Nokia Share Buyback Program Continues
Business share buyback

Nokia Share Buyback Program Continues

Analysis based on 14 articles · First reported Jan 07, 2025 · Last updated Jan 14, 2025

Sentiment
20
Attention
4
Articles
14
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard
Market Impact

The share buyback program by Nokia is generally viewed positively by the market as it can reduce the number of outstanding shares, potentially increasing earnings per share and supporting the stock price. This action directly impacts Nokia's stock performance and investor sentiment.

Telecommunications Technology
Event Summary

Nokia is actively repurchasing its own shares as part of a program initiated on November 22, 2024. The program aims to offset the dilutive effect of new Nokia shares issued to Infinera Corporation shareholders and for certain Infinera Corporation share-based incentives. The repurchases, which began on November 25, 2024, and are set to conclude by December 31, 2025, target 150 million shares for a maximum aggregate purchase price of EUR 900 million. These transactions are conducted in compliance with European Union regulations.

Key Actions
100 Nokia acquired own shares
90 Nokia initiated share buyback
Entities Involved
stock
Infinera
Importance 0.0 Sentiment 0.0
stock
Nokia
Importance 0.0 Sentiment 0.0
stock
Meritz Securities
Importance 0.0 Sentiment 0.0
alliance
European Union
Importance 0.0 Sentiment 0.0
ERGEN INTELLIGENCE
Track this event live

Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.

Open Dashboard

About Ergen

Ergen is a news intelligence platform that converts raw news articles into structured data. It tracks events, entities, and the relationships between them, with sentiment and attention metrics derived from thousands of articles. Pages on this site are daily static snapshots from the platform's live database. For real-time tracking, search, and alerts, the full dashboard is at app.ergen.ai.