Robinhood shares gain on Q2 beat, as user and crypto growth accelerate
HELSINKI - Nokia (HE:NOKIA) Corporation announced that its CEO, Justin Hotard, has acquired 609,274 shares of the company as part of a long-term incentive plan. The transaction, which took place on Tuesday, was conducted on the NASDAQ Helsinki Ltd (XHEL) and involved shares with the ISIN code FI0009000681, at a unit price of €4.6301.
This purchase aligns with the market abuse regulation’s Article 19, which requires notification of transactions by persons discharging managerial responsibilities. The disclosed volume of shares acquired by Hotard represents a significant investment by the executive in the company.
Nokia, a leading technology and innovation company, is known for its contributions to the development of intelligent network solutions that enable global connectivity. With a century-long history of creating value through intellectual property rights and research and development, led by the acclaimed Nokia Bell Labs, Nokia has established a prominent position in the industry.
The company’s network solutions are built on open architecture, seamlessly integrating into various ecosystems, and offer new opportunities for commercialization and scaling. Service providers, enterprises, and partners worldwide rely on Nokia’s network performance, responsibility, and security standards.
This move by the CEO is part of Nokia’s broader strategy to drive future digital services and applications in collaboration with its partners. The acquisition of shares by Hotard serves as an affirmation of his commitment to the company’s long-term success.
The information regarding this transaction is based on a press release statement from Nokia.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.