Between
On
The purpose of the repurchases is to optimize Nokia's capital structure through the reduction of capital. The Board of Directors of the Company will separately resolve on the cancellation of the repurchased shares.
The repurchases were executed otherwise than in proportion to the existing shareholdings of Nokia's shareholders (directed repurchases) through public trading on the regulated market of Nasdaq Helsinki and selected multilateral trading facilities.
The repurchases reduced the Company's unrestricted equity by
Nokia continues to target to return under the buyback program up to
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
Adhering to high standards of integrity and security, we help build the capabilities needed for a more productive, sustainable and inclusive world.
Contact:
Tel: +358 40 803 4080
Email: investor.relations@nokia.com
(C) 2022 Electronic News Publishing, source