Nokia executive acquires company shares on NASDAQ Helsinki

Published 21/02/2025, 13:22
Nokia executive acquires company shares on NASDAQ Helsinki

HELSINKI - Nokia (HE:NOKIA) Corporation announced that one of its senior managers, Tommi Uitto, has acquired shares of the company. The transaction took place on Thursday, as per the notification requirement under Article 19 of the EU Market Abuse Regulation.

Tommi Uitto, who holds a position as a senior manager within the company, completed the purchase of Nokia shares on the NASDAQ Helsinki Ltd (XHEL). The acquisition consisted of 3 shares at a unit price of €4.7775 each. This transaction was reported as an initial notification, with a reference number provided for verification.

Nokia, a global leader in B2B technology innovation, is known for its contributions to mobile, fixed, and cloud network technologies. The company has a history of creating value through its intellectual property and long-term research initiatives, notably through the work of Nokia Bell Labs. Celebrating a century of innovation, Nokia Bell Labs has been at the forefront of technological advancements.

The company prides itself on developing networks that are capable of sensing, thinking, and acting, which are designed to seamlessly integrate into various ecosystems. Nokia’s high-performance networks are trusted by service providers, enterprises, and partners around the world for their security, reliability, and sustainability. These networks are not only important for current digital services but are also seen as crucial for the development of future applications.

This share acquisition by a key figure within Nokia is a matter of public record and is indicative of routine financial activity by company executives. It is based on a press release statement from 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.