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ESPOO - Nokia Oyj (HEL:HE:NOKIA) announced today it has transferred 11,148 of its treasury shares without compensation to participants in the company’s share-based incentive programs, in accordance with program terms.
The share transfer is based on a board decision announced on November 22, 2024, regarding the distribution of treasury shares to fulfill commitments under these programs.
Following the transfer, Nokia now holds 64,685,389 of its own shares in treasury.
The announcement was made in a stock exchange release issued by the Finnish telecommunications equipment manufacturer.
Nokia describes itself as a B2B technology and innovation leader specializing in network solutions across fixed, mobile and cloud service networks, with a century of research and development history through Nokia Bell Labs.
This article is based on a company press release statement.
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