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Nokia Corporation: Repurchase of own shares on 11.03.2025

1. Nokia has repurchased 4.29 million shares on 11 March 2025. 2. The buyback program aims to offset share dilution from Infinera acquisition. 3. Nokia plans to repurchase 150 million shares by December 2025. 4. Total cost of shares repurchased on 11 March is approximately EUR 20.47 million. 5. Nokia holds around 160.49 million treasury shares after these transactions.

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FAQ

Why Bullish?

Share buybacks typically enhance shareholder value by reducing supply. Historical trends show that firms initiating buybacks often see stock upward momentum, as noted with companies like Apple and Microsoft.

How important is it?

The article highlights a continuous and significant share buyback initiative, which generally supports stock prices and reflects confidence in the company's future.

Why Long Term?

The ongoing buyback program will positively impact stock value over the duration until the end of 2025, similar to other tech firms that have successfully executed buyback programs.

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Nokia CorporationStock Exchange Release11 March 2025 at 22:30 EET Nokia Corporation: Repurchase of own shares on 11.03.2025 Espoo, Finland – On 11 March 2025 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code)Number of sharesWeighted average price / share, EUR*XHEL2,814,3074.77CEUX1,166,8994.76BATE--AQEU173,2644.76TQEX135,7524.76Total4,290,2224.77 * Rounded to two decimals On 22 November 2024, Nokia announced that its Board of Directors is initiating a share buyback program to offset the dilutive effect of new Nokia shares issued to the shareholders of Infinera Corporation and certain Infinera Corporation share-based incentives. The repurchases in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052 and under the authorization granted by Nokia’s Annual General Meeting on 3 April 2024 started on 25 November 2024 and end by 31 December 2025 and target to repurchase 150 million shares for a maximum aggregate purchase price of EUR 900 million. Total cost of transactions executed on 11 March 2025 was EUR 20 467 362. After the disclosed transactions, Nokia Corporation holds 160 486 193 treasury shares. Details of transactions are included as an appendix to this announcement. On behalf of Nokia Corporation BofA Securities Europe SA About NokiaAt Nokia, we create technology that helps the world act together. As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs which is celebrating 100 years of innovation. With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future. Inquiries: Nokia CommunicationsPhone: +358 10 448 4900Email: press.services@nokia.comMaria Vaismaa, Global Head of External Communications Nokia Investor RelationsPhone: +358 931 580 507Email: investor.relations@nokia.com Daily Report 2025-03-11

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