1. Nokia repurchased 2,818,205 shares at an average price of €4.96. 2. The buyback program targets 150 million shares by December 2025. 3. Total buyback cost on March 26 was €13,991,824. 4. Nokia holds 200,047,080 treasury shares post-repurchase. 5. The repurchase offsets dilution from Infinera share issuance.
Share buybacks generally indicate company confidence and can enhance shareholder value, similar to the effect seen in other companies like Apple, which positively influenced their stock price following buyback announcements.
Given the substantial amount of shares being repurchased, it reflects positively on Nokia’s market positioning, likely supporting stock price stability and growth.
Immediate market reactions to buybacks can boost stock prices, but the long-term effects depend on overall business performance and market conditions.