Nokia executive acquires company shares on Helsinki exchange

Published 20/05/2025, 15:22
Nokia executive acquires company shares on Helsinki exchange

HELSINKI - Nokia (HE:NOKIA) Corporation announced that Lorna Gibb, a senior manager within the company, has acquired shares of Nokia on the NASDAQ Helsinki Ltd (XHEL). The transaction took place on Monday, May 19, 2025, according to the initial notification requirement under Article 19 of the EU Market Abuse Regulation.

The notification disclosed that Gibb purchased a total of 160 shares at a unit price of €4.5979. This acquisition represents a vote of confidence in the Finnish telecommunications company by one of its top managers.

Nokia is known for its contributions to the technology sector, particularly in pioneering networks capable of sensing, thinking, and acting. The company emphasizes its commitment to innovation, with a history of working across mobile, fixed, and cloud networks. It also underlines the importance of creating value through intellectual property and long-term research, primarily conducted by the renowned Nokia Bell Labs.

The company’s approach to technology development involves creating truly open architectures that integrate seamlessly into various ecosystems. Nokia’s networks are designed to offer high performance, aiming to provide new opportunities for monetization and scale. Service providers, enterprises, and partners globally rely on Nokia for secure, reliable, and sustainable networks, and the company is focused on collaborating to develop digital services and applications for the future.

The purchase by Gibb comes as Nokia continues to make strides in the technology industry, focusing on innovation and sustainable growth. The transaction is based on a press release statement issued by Nokia Corporation.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.