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ESPOO - Nokia Oyj (HEL:HE:NOKIA) announced today it has transferred 325,584 of its own shares to participants in the company’s share-based incentive programs, according to terms of these programs.
The transfer was made without compensation and follows the board’s decision announced on November 22, 2024, to distribute treasury shares to fulfill commitments under the incentive plans.
Following the share transfer, Nokia now holds 64,359,805 of its own shares in treasury.
The Finnish telecommunications equipment manufacturer’s share-based incentive programs are part of its compensation structure for eligible employees. Such programs are common among publicly traded companies to align employee interests with shareholder value.
The information was disclosed in a stock exchange release issued by Nokia.
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