Nokia senior manager acquires company shares

Published 21/02/2025, 13:08
Nokia senior manager acquires company shares

HELSINKI - Nokia (HE:NOKIA) Corporation announced a transaction under the EU Market Abuse Regulation involving a senior manager of the company. Federico Guillén, identified as another senior manager, has acquired shares in the company, according to a notification filed on February 20, 2025.

The transaction took place on the NASDAQ Helsinki Ltd (XHEL) exchange, where Guillén purchased 1,713 Nokia shares at a volume-weighted average price of €4.78061 per share. This acquisition represents a financial vote of confidence in the company by one of its senior managers.

Nokia is known for its role as a B2B technology innovation leader, focusing on creating network technology that enables global connectivity and cooperation. The company’s efforts span across mobile, fixed, and cloud networks, aiming to deliver networks that are not only high-performing but also secure, reliable, and sustainable. Nokia’s commitment to innovation is further underscored by the work of its Nokia Bell Labs, which has a storied history of research and development spanning 100 years.

The acquisition by Guillén is a routine transaction that must be publicly disclosed as per regulatory requirements. It provides a glimpse into the actions of Nokia’s management team and their personal stake in the company’s future.

The information regarding this transaction is based on a press release statement from Nokia Corporation. The disclosure of such financial activities is standard practice to ensure transparency in the actions of company managers and to maintain fair trading.

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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