CDS Crypto News EUR 900M Share Buyback: Nokia Aims to Offset Dilution from Infinera Acquisition
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EUR 900M Share Buyback: Nokia Aims to Offset Dilution from Infinera Acquisition

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Eur 900M Share Buyback Nokia Aims To Offset Dilution From Infinera Acquisition

Nokia Launches EUR 900M Share Buyback to Counter Infinera Deal Dilution

Nokia Launches Eur 900M Share Buyback To Counter Infinera Deal Dilution

To counteract the dilutive consequences of issuing new shares to shareholders of Infinera Corporation, Nokia Corporation has started a share buyback program. As part of a larger plan to buy back up to 150 million shares by the end of 2025, with a maximum budget of EUR 900 million, Nokia repurchased 872,093 of its own shares on January 9, 2025, at an average price of EUR 4.44 per share. By controlling share dilution, this action seeks to improve Nokia’s market position while adhering to EU requirements.

About Nokia

With a focus on developing networks that feel, think, and act across mobile, fixed, and cloud platforms, Nokia is a pioneer in B2B technology innovation. The business is renowned for its high-performance networks that offer dependable and safe digital services while blending in perfectly with different ecosystems. Nokia’s intellectual property and long-term research arm, Nokia Bell Labs, underpin the company’s efforts.

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Eur 900M Share Buyback: Nokia Aims To Offset Dilution From Infinera Acquisition 300094
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Lectertodd is 28 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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