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ESPOO – Nokia Oyj (HEL:HE:NOKIA) has today granted 129,878 of its own shares without compensation to participants of its stock-based incentive programs, in accordance with the terms of the programs. This action is based on the decision made by the company’s board on November 22, 2024, to distribute the held shares to meet the commitments of the incentive schemes.
Following the distribution, the number of Nokia’s own shares now stands at 65,699,046. The company, a leader in B2B technology and innovation, continues to pioneer future-oriented network solutions that are intelligent and responsive. Nokia’s position is built on its expertise in fixed, mobile, and cloud network services, backed by a century of value creation through intellectual property rights and the award-winning research and development at Nokia Bell Labs.
Nokia’s efficient network solutions, based on open architecture, integrate seamlessly into various ecosystems, offering new opportunities for commercializing and scaling networks. Service providers, enterprises, and partners globally rely on the performance, responsibility, and security standards of Nokia’s networks. The company collaborates with partners to develop digital services and applications for the future.
This move reflects Nokia’s ongoing commitment to its stock-based incentive programs, designed to align the interests of its employees with those of its shareholders. The information is based on a press release statement from Nokia.
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