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HELSINKI - Nokia (HE:NOKIA) Corporation held its Annual General Meeting (AGM) today, where shareholders approved all proposals by the Board of Directors, including the company’s financial statements and the distribution of dividends.
The AGM authorized the Board to distribute a maximum of €0.14 per share from retained earnings or the reserve for invested unrestricted equity. This authorization remains valid until the next AGM, with the Board deciding on the timing and amount of each distribution. Preliminary record dates are set for 5 May 2025, 29 July 2025, 28 October 2025, and 3 February 2026, with corresponding payment dates one week later.
The Board of Directors was re-elected with ten members, including eight returning and two new members, Pernille Erenbjerg and Timo Ihamuotila, for a term ending at the next AGM. The AGM also determined the Board members’ remuneration, with approximately 40% to be paid in Nokia shares and the remainder in cash.
Deloitte Oy was re-elected as Nokia’s auditor for the financial year 2026, with Jukka Vattulainen serving as the key audit partner. Additionally, Deloitte Oy will act as the sustainability reporting assurer for the same period.
The AGM granted the Board authorization to repurchase up to 530 million Nokia shares using unrestricted equity funds, effective until 28 October 2026. This authorization replaces the previous one granted on 3 April 2024. Furthermore, the Board was authorized to issue a maximum of 530 million shares or special rights entitling to shares until 28 October 2026, superseding the prior authorization from the 2024 AGM.
The minutes of the AGM will be made available on Nokia’s website by 13 May 2025. Nokia, a leader in technology innovation, is known for developing networks that are open, high-performing, and trusted globally. The company also emphasizes intellectual property and research through Nokia Bell Labs.
This article is based on a press release statement from Nokia Corporation.
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