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HELSINKI - Nokia Corporation (HEL:NOK) announced on Friday that Tommi Uitto, a senior executive at the telecommunications equipment maker, purchased five Nokia shares at a price of €6.0572 per share.
The transaction, which took place on Thursday on the Nasdaq Helsinki exchange, was disclosed in a regulatory filing as required under the EU Market Abuse Regulation for transactions by company insiders.
The total value of the acquisition amounts to approximately €30.29. The notification was filed as an initial disclosure for the executive.
Nokia, a B2B technology company focused on network infrastructure, provides mobile, fixed and cloud network solutions. The company also generates revenue through intellectual property and research initiatives through its Nokia Bell Labs division, which is currently celebrating its centennial year.
The information was disclosed in a company press release statement issued Friday.
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