Stock Market Statement
July 4, 2023 at 21:00 EEST
Nokia Corporation: Repurchase of treasury shares in 04.07.2023
Espoo, Finland – On July 4, 2023, Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) acquired its own shares (ISIN FI0009000681) as follows:
|Place of negotiation (Code MIC)||Number of shares||Weighted average price per share, EUR*|
* Rounded to two decimal places
On February 3, 2022, Nokia announced that its Board of Directors is initiating a share buyback program pursuant to authorization granted by Nokia’s Annual General Meeting on April 8, 2021 to return up to €600 million in cash. to shareholders in tranches over a two-year period. . The second phase of the share repurchase program began in accordance with the Regulation on market abuse (EU) 596/2014 (MAR), the Delegated Regulation (EU) 2016/1052 of the Commission and under the authorization granted by the Assembly Nokia Annual General on April 5, 2022 on January 2, 2023 and ends no later than December 21, 2023 with a maximum total purchase price of EUR 300 million.
The total cost of the operations executed on July 4, 2023 was 1,408,264.60 euros. After the disclosed transactions, Nokia Corporation owns 73,772,855 of its own shares.
Details of the transactions are included as an appendix to this announcement.
On behalf of Nokia Corporation
BNP Paribas Exane
At Nokia, we create technology that helps the world act together.
As a leader in B2B technology innovation, we are pioneers in networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by award-winning Nokia Bell Labs.
Service providers, enterprises and partners around the world trust Nokia to deliver secure, reliable and sustainable networks today, and work with us to create tomorrow’s digital applications and services.
Telephone: +358 40 803 4080
David Mulholland, Director of Investor Relations
Content is from Globe Newswire. Today Media Headlines is not responsible for the content provided or any link related to this content. Headlines of Today Media is not responsible for the correctness, currency, or quality of the content.