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HELSINKI - Nokia Oyj (HE:NOKIA) reported a transaction by a key executive, Patrik Hammarén, who is part of the company’s upper management. The transaction, which took place on NASDAQ Helsinki Ltd (XHEL), involved the acquisition of 156 Nokia shares at a unit price of €4.3444 per share. The deal was conducted under the regulations of Article 19 of the Market Abuse Regulation.
This purchase by Hammarén, reported on Monday, reflects a continued investment by Nokia’s leadership in the company’s equity. The transaction details reveal a total volume of 156 shares with an average price of €4.3444, amounting to a modest investment in the telecommunications company.
Nokia, a leading B2B technology and innovation company, has been at the forefront of developing intelligent network solutions that enable global connectivity. With a century of experience underpinned by its research and development wing, Nokia Bell Labs, the company has a strong foundation in both fixed and mobile broadband, as well as cloud services networks. Nokia’s commitment to performance, sustainability, and security standards in its network solutions is recognized by service providers, enterprises, and partners worldwide.
The company’s open architecture network solutions are designed to integrate seamlessly into various ecosystems, offering new opportunities for commercialization and scalability. Nokia’s focus on creating value through intellectual property rights and its long-term R&D efforts continues to be a cornerstone of its market position.
This transaction is based on a press release statement from Nokia Corporation. The information provided does not imply any endorsement of the company’s future performance or market position but serves to inform investors and the public of the transaction made by Patrik Hammarén. The press release also highlights Nokia’s role in developing technology that connects the world and its ongoing work with partners to advance digital services and applications.
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