Nokia Launches Share Buyback Program
Nov 22 (Reuters) -Nokia Oyj NOKIA.HE:
NOKIA LAUNCHES SHARE BUYBACK PROGRAM TO OFFSET THE DILUTIVE EFFECT OF THE INFINERA ACQUISITION
TARGETS TO REPURCHASE 150 MILLION SHARES FOR EUR 900 MILLION
REPURCHASES TO START ON 25 NOV 2024, END BY 31 DEC 2025
PURPOSE IS TO REDUCE CAPITAL AND OFFSET DILUTION
NO REPURCHASES TO BE MADE IN THE UNITED STATES
Source text: ID:nGNX67kyJQ
Further company coverage: NOKIA.HE
(Gdansk Newsroom)
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