New Zealand markets close in 2 hours 7 minutes
  • NZX 50

    11,802.42
    +50.33 (+0.43%)
     
  • NZD/USD

    0.6391
    -0.0012 (-0.19%)
     
  • NZD/EUR

    0.6210
    +0.0002 (+0.03%)
     
  • ALL ORDS

    7,308.20
    +69.50 (+0.96%)
     
  • ASX 200

    7,053.60
    +60.90 (+0.87%)
     
  • OIL

    91.81
    -0.12 (-0.13%)
     
  • GOLD

    1,800.20
    -13.50 (-0.74%)
     
  • NASDAQ

    13,378.32
    +370.16 (+2.85%)
     
  • FTSE

    7,507.11
    +18.96 (+0.25%)
     
  • Dow Jones

    33,309.51
    +535.11 (+1.63%)
     
  • DAX

    13,700.93
    +165.96 (+1.23%)
     
  • Hang Seng

    19,809.95
    +199.11 (+1.02%)
     
  • NIKKEI 225

    27,819.33
    -180.63 (-0.65%)
     
  • NZD/JPY

    85.1330
    +0.1320 (+0.16%)
     

Nokia Corporation: Repurchase of own shares on 05.07.2022

·2-min read
Nokia Oyj
Nokia Oyj

Nokia Corporation
Stock Exchange Release
5 July 2022 at 21:00 EEST

Nokia Corporation: Repurchase of own shares on 05.07.2022

Espoo, Finland – On 5 July 2022 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:

Trading venue (MIC Code)

Number of shares

Weighted average price / share, EUR*

XHEL

327,902

4.40

CEUX

20,813

4.40

AQEU

13,579

4.40

TQEX

8,706

4.43

Total

371,000

4.40

* Rounded to two decimals

On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia’s Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052 started on 14 February 2022 and ends by 22 December 2022 with a maximum aggregate purchase price of EUR 300 million.

Total cost of transactions executed on 5 July 2022 was EUR 1,632,771.00. After the disclosed transactions, Nokia Corporation holds 71,164,661 treasury shares.

Details of transactions are included as an appendix to this announcement.

On behalf of Nokia Corporation

BNP Paribas Exane

About Nokia
At Nokia, we create technology that helps the world act together.

As a trusted partner for critical networks, we are committed to innovation and technology leadership across mobile, fixed and cloud networks. We create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

Adhering to the highest standards of integrity and security, we help build the capabilities needed for a more productive, sustainable and inclusive world.

Inquiries:

Nokia
Investor Relations
Phone: +358 40 803 4080
Email: investor.relations@nokia.com

David Mulholland, Head of Investor Relations

Attachment


Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting