1. Nokia repurchased 1,256,122 shares at EUR 4.77 each. The transaction cost EUR 5.99 million. 2. Board initiated buyback to offset Infinera dilution effects. It follows November 2024 announcement. 3. Target is 150 million shares for EUR 900 million maximum. Program runs until December 2025. 4. Post-transaction, Nokia holds 254,445,785 treasury shares. Buyback signals confidence in intrinsic value.
The repurchase reduces outstanding shares, potentially boosting EPS and shareholder value. Historical buybacks, such as IBM and Microsoft, have frequently been followed by positive price reactions.
The buyback program directly affects Nokia's capital structure and share value, making it highly relevant. The effort to counter dilution enhances investor confidence and has historically impacted prices significantly.
Market tends to react quickly to share repurchase news, creating near-term bullish momentum. Immediate investor sentiment often uplifts the stock shortly after repurchase announcements.