1. Nokia repurchased 872,093 shares on January 20, 2025. 2. The average price per share was EUR 4.42. 3. Nokia's buyback program started on November 25, 2024. 4. The program aims to repurchase 150 million shares for EUR 900 million. 5. Nokia holds 231,707,452 treasury shares post-repurchase.
Share repurchase programs generally signal confidence in a company's future, potentially increasing share value. Past examples include companies like Apple, which have seen positive stock movements following buybacks.
This article details an active share buyback, potentially increasing demand and reducing supply. Significant buyback programs often have a notable impact on stock prices, especially in the short term.
Initial buyback signals can increase stock price quickly but effects may normalize over time. Similar short-term price boosts were seen in tech stocks following buyback announcements.