Nvidia’s results, Tesla’s European sales, Japan trade - what’s moving markets
ESPOO - Nokia Oyj (HE:NOKIA) has today distributed 586,875 of its own shares without consideration to participants of its share-based incentive programs, in accordance with the terms of the programs. This action follows a decision by the company’s board, announced on November 22, 2024, to allocate held shares for fulfilling commitments under these incentive schemes.
Following the distribution, Nokia now holds 145,461,100 of its own shares. The Finnish technology company is known for creating technology that connects the world, with a focus on B2B technology and innovation leadership in future-oriented, intelligent network solutions. Nokia’s leadership is rooted in its expertise across fixed, mobile, and cloud network services.
The company has been at the forefront of network solutions that integrate seamlessly into various ecosystems, enabling new opportunities for network commercialization and scalability. Service providers, enterprises, and partners worldwide rely on Nokia’s network performance, responsibility, and security standards.
Nokia continues to work collaboratively with partners to develop digital services and applications for the future. This share distribution is part of Nokia’s long-term investment in its employees, aligning with its commitment to innovation and development, which has been guided by the renowned Nokia Bell Labs for over a century.
The information for this article 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.