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Nokia’s Share Buyback Boosts Investor Confidence

Nokia (GB:0HAF) has released an update.

Nokia Corporation has repurchased over 2.1 million of its own shares on October 18, 2024, as part of a buyback program aimed at returning up to EUR 600 million to shareholders. This strategic move is part of Nokia’s accelerated plan to enhance shareholder value, with the total cost of the recent transactions reaching EUR 8.64 million. Investors might find this development significant as it reflects the company’s confidence in its financial health and future prospects.

For further insights into GB:0HAF stock, check out TipRanks’ Stock Analysis page.

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