Nokia Corporation
stock exchange release
October 14, 2022 21:00 EEST
Nokia Corporation: Share buyback 14.10.2022
Espoo, Finland – On October 14, 2022, Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) acquired its own shares (ISIN FI0009000681) as follows:
Exchange (MIC code) | number of shares | Weighted Average Price/Share, EUR* |
XHEL | 406,598 | 4.64 |
Sewu | 27,767 | 4.63 |
AQEU | 7,078 | 4.66 |
TQEX | 557 | 4.66 |
total | 442,000 | 4.64 |
*Rounded to the second decimal place
On February 3, 2022, Nokia announced that, under the approval granted at Nokia’s Annual General Meeting of Shareholders on April 8, 2021, the Board of Directors will launch a share repurchase program, offering up to €600 million in cash over two years. announced that it would be returned to shareholders in installments. The first phase of the share buyback program pursuant to Market Abuse Regulation (EU) 596/2014 (MAR) and Commission Delegated Regulation (EU) 2016/1052 will commence on 14 February 2022 and will be completed by December 2022. Ends on the 22nd. Purchase price of 300 million euros.
The total cost of the transaction executed on 14th October 2022 was €2,051,277.80. After the disclosed transaction, Nokia Corporation owns 88,898,677 shares of his treasury stock.
Transaction details are included as an appendix to this announcement.
On behalf of Nokia Corporation
BNP Paribas Exane
About Nokia
At Nokia, we develop technologies that help 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 through intellectual property and long-term research led by award-winning Nokia Bell Labs.
By adhering to the highest standards of integrity and security, we help build the capabilities we need for a more productive, sustainable and inclusive world.
inquiry:
Nokia
PR for investors
Phone: +358 40 803 4080
Email: investor.relations@nokia.com
David Mulholland, Head of Investor Relations