Nokia executive makes share purchase on NASDAQ Helsinki

Published 21/02/2025, 13:04
Nokia executive makes share purchase on NASDAQ Helsinki

HELSINKI - Nokia (HE:NOKIA) Corporation announced that a member of its senior leadership team, Federico Guillén, has purchased shares of the company. The transaction took place on Thursday, February 20, 2025, on the NASDAQ Helsinki Ltd (XHEL).

According to the notification required by Article 19 of the Market Abuse Regulation, Federico Guillén, who holds a senior management position within Nokia, acquired a total of 1,713 shares at an average price of €4.78061 per share.

Nokia, a global technology leader, is known for developing technologies that connect the world. With a strong presence in both fixed and mobile networks, as well as cloud services, the company has been at the forefront of intelligent network solutions. Nokia’s leadership is built on its expertise in these areas and it has a history of creating value through intellectual property rights and long-term research and development, notably led by the award-winning Nokia Bell Labs.

The company’s efficient network solutions are based on open architecture, seamlessly integrating into various ecosystems, which opens up new possibilities for commercializing and scaling networks. Service providers, enterprises, and partners worldwide rely on Nokia’s network performance, responsibility, and security standards. Nokia collaborates with its partners to develop future digital services and applications.

This share acquisition by a senior executive is based on a press release statement from Nokia. The purchase reflects ongoing transactions by company insiders, which are often monitored by investors as they can provide insights into the confidence that leadership has in the company’s future prospects.

Nokia continues to communicate with its investors and the public, providing updates on its operations and financial activities. The company is committed to maintaining transparency in its dealings and fostering trust with its stakeholders through regular disclosures of such transactions.

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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