Nokia executive acquires shares on Helsinki exchange

Published 20/05/2025, 15:08
Nokia executive acquires shares on Helsinki exchange

HELSINKI - Nokia (HE:NOKIA) Corporation (NYSE:NOK) announced a transaction under the EU Market Abuse Regulation involving a senior executive’s acquisition of company shares. Raghav Sahgal, a member of Nokia’s senior leadership team, purchased 3,814 Nokia shares on May 19, 2025, on the NASDAQ Helsinki Ltd (XHEL) exchange. The shares were bought at an average price of €4.5979 per share.

This transaction marks a financial move by a key figure within the Finnish telecommunications company, which has been at the forefront of technology development for over a century. Nokia is renowned for creating technology that connects the world, with a focus on B2B technology and innovation leadership. The company prides itself on pioneering future-oriented network solutions that are sensory, cognitive, and intelligent.

Nokia has established its leadership position through expertise in fixed, mobile, and cloud network solutions. The company has also generated value through intellectual property rights and sustained research and development efforts led by the acclaimed Nokia Bell Labs.

The company’s robust network solutions are based on open architecture, seamlessly integrating into various ecosystems, thus providing new opportunities for network commercialization and scalability. Service providers, businesses, and partners globally rely on Nokia’s network performance, responsibility, and security standards.

Nokia collaborates with partners to develop future digital services and applications. This share acquisition by a senior executive could be interpreted as a sign of confidence in the company’s ongoing performance and future prospects.

The information for this article 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.

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