Repurchase of own shares on 08.04.2022
Stock Exchange press release
April 8, 2022 at 9:00 p.m. EEST
Nokia Corporation: Repurchase of own shares on 08.04.2022
Espoo, Finland – On April 8, 2022, Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) acquired its own shares (ISIN FI0009000681) as follows:
|Trading platform (MIC code)||Number of shares||Weighted average price / share, EUR*|
* Rounded to two decimal places
On February 3, 2022, Nokia announced that its board of directors was launching a share buyback program under the current authorization granted by Nokia’s annual general meeting on April 8, 2021 to return up to 600 million euros of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program in accordance with Market Abuse Regulation (EU) 596/2014 (MAR) and Commission Delegated Regulation (EU) 2016/1052 started on February 14, 2022 and ends on December 22 2022 with a purchase price cap of 300 million euros.
The total cost of trades executed on April 8, 2022 was EUR 1,355,556.65. After the disclosed transactions, Nokia Corporation holds 51,979,426 treasury shares.
Details of the transactions are included as an appendix to this announcement.
At Nokia, we create technology that helps the world act together.
As a trusted partner for critical networks, we are committed to being at the forefront of innovation and technology across mobile, fixed and cloud networks. We create value with intellectual property and long-term research, led by award-winning Nokia Bell Labs.
Adhering to the highest standards of integrity and safety, we help build the capabilities needed for a more productive, sustainable and inclusive world.
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David Mulholland, Head of Investor Relations