1. Incorrect share count reported; corrected to 148,246,864 shares held. 2. 1,020,316 shares transferred to incentive plan participants. 3. Transfer aligns with previously announced Board resolution from November 2024. 4. Nokia positions itself as a leader in AI connectivity.
FAQ
Why Neutral?
The correction on shares does not significantly affect stock value; share distributions are common.
How important is it?
While the correction is important, it is a routine corporate update and not a major news event.
Why Short Term?
Immediate impact due to share transfer, but no lasting market effect expected.
Correction Announced: Changes in Nokia Corporation's Own Shares
Espoo, Finland – On December 11, 2025, Nokia Corporation (stock symbol: NOK) issued a correction to a previous announcement regarding its own shares. The press release titled “Changes in Nokia Corporation’s Own Shares” originally published on December 9, 2025, mistakenly reported that the number of shares held by Nokia post-transfer was 149,246,864. The accurate figure is 148,246,864 shares.
Details of the Share Transfer
On the day of the correction, a total of 1,020,316 shares of Nokia (NOKIA) were transferred without consideration to participants of the company’s equity-based incentive plans. This transfer was conducted in accordance with the established rules of the plans, emphasizing Nokia's ongoing commitment to its employees.
The decision to issue these shares was based on a resolution by Nokia's Board of Directors, which aimed to fulfill its obligations to participants of the incentive plans, as previously announced on November 22, 2024.
Impact of the Correction
With the correction now communicated, the total number of own shares held by Nokia Corporation stands at 148,246,864. This clarification is crucial for investors and analysts tracking NOK's share performance and overall market activities.
About Nokia Corporation
Nokia is recognized as a global leader in connectivity for the AI era. With substantial expertise across fixed, mobile, and transport networks, Nokia continues to advance connectivity solutions that aim to create a more secure and connected world.
Contact Information
- Nokia Communications
- Phone: +358 10 448 4900
- Email: press.services@nokia.com
- Maria Vaismaa, Vice President, Global Media Relations
- Nokia Investor Relations
- Phone: +358 931 580 507
- Email: investor.relations@nokia.com