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ESPOO - Nokia Oyj (HEL:NOKIA) announced Tuesday it has transferred 536,655 treasury shares to participants in the company’s share-based incentive programs.
The Finnish telecommunications equipment maker said the shares were transferred without compensation to eligible participants in accordance with the terms of the incentive programs. The transfer was based on a board decision announced on November 22, 2024, regarding the use of treasury shares to fulfill commitments under the company’s incentive schemes.
Following the share transfer, Nokia holds 150,373,657 treasury shares, according to the company’s statement.
The transfer is part of Nokia’s ongoing employee compensation strategy that includes share-based incentives for key personnel. Such programs are commonly used by publicly traded companies to align employee interests with shareholder value.
The announcement was made in a press release issued by Nokia on October 7, 2025.
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