1. Nokia repurchased 1,384,423 shares at 4.78 EUR each. Transaction executed on Feb 21, 2025. 2. Repurchase offsets dilution from new shares issued to Infinera shareholders. Announcement dates back to Nov 2024. 3. Total transaction cost was 6.62M EUR; treasury holds 255.83M shares. This result follows planned buyback activity. 4. Buyback program targets 150M shares for up to 900M EUR. Initiative supports strategic dilution management.
The share repurchase signals management confidence and reduces share dilution, which historically has improved EPS and share value. Similar announcements by large firms have often led to a favorable immediate market reaction.
The buyback directly addresses dilution issues and boosts key financial metrics, making it materially significant for NOK’s valuation and investor sentiment.
Buyback announcements typically create immediate positive sentiment as investors react to reduced share supply and enhanced EPS. Historical cases show that such moves lead to short-term price support.