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HELSINKI - Nokia (HE:NOKIA) Corporation (NYSE:NOK) disclosed on Tuesday that Tommi Uitto, categorized as a senior manager within the company, has recently purchased shares of Nokia. According to the transaction notification, the acquisition occurred on Monday, May 19, 2025, at NASDAQ Helsinki Ltd (XHEL).
The transaction was made public in accordance with Article 19 of the EU Market Abuse Regulation, which mandates the disclosure of transactions conducted by persons in managerial positions. Uitto acquired a total of 5 Nokia shares at a unit price of €4.5882.
This purchase by a high-level executive is often viewed as a sign of confidence in the company’s current status and future prospects. Nokia, a global leader in B2B technology innovation, is known for its contributions to mobile, fixed, and cloud networks. The company emphasizes the creation of technology that enables collective action and collaboration across the world.
Nokia also prides itself on its intellectual property and its research arm, Nokia Bell Labs, which has a storied history of 100 years of technological advancements. The company aims to offer networks that are not only high-performing but also secure, reliable, and sustainable, catering to service providers, enterprises, and partners globally.
This information is based on a press release statement from Nokia Corporation, and it reflects the ongoing financial activities within the company’s management team. The disclosure of such transactions is a routine process for publicly traded companies, ensuring transparency and adherence to regulatory requirements.
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