1. Nokia repurchased 3 million shares on April 2, 2025. 2. Total cost of repurchase was EUR 14.83 million. 3. Share buyback program aims to offset share dilution from Infinera shares. 4. Nokia holds 220 million treasury shares post-repurchase. 5. The buyback program has a total target of 150 million shares.
Share buybacks typically signal confidence in a company's value, which can drive stock prices up. Historical examples, such as Apple and Google, have shown that effective buyback programs often lead to sustained stock price increases.
The share buyback is significant as it indicates Nokia's strategic approach to maintaining shareholder value amidst potential dilution, likely attracting investor interest.
The immediate impact of share buybacks tends to reflect in the short-term stock price due to increased demand. However, the long-term effects depend on overall company performance and market conditions.