Nokia Corporation Board Member Share Transactions Explained
Understanding Recent Transactions at Nokia Corporation
Nokia Corporation recently made headlines with its Managers' transactions, especially under the spotlight of the European Market Abuse Regulation.
Details of Share Transactions
On the 29th of April, a significant resolution was passed during the Annual General Meeting, deciding that approximately 40% of the annual fees for Board members will be compensated using Nokia shares. This strategic move highlights the company's commitment to incentivize its leadership while aligning their interests with shareholders.
The specific transaction recorded on the 7th of May involved Board member Thomas Saueressig. The key details of the transaction are as follows:
- Issuer: Nokia Corporation
- LEI: 549300A0JPRWG1KI7U06
- Notification Type: INITIAL NOTIFICATION
- Reference Number: 107312/4/4
Transaction Details
The transaction took place on the NASDAQ HELSINKI LTD exchange, with relevant specifics including:
- Date of Transaction: May 7, 2025
- Instrument Type: SHARE
- ISIN: FI0009000681
- Nature of Transaction: RECEIPT OF A SHARE-BASED INCENTIVE
For this particular transaction, the volume recorded was 17,394 shares, reflecting the commitment Nokia shows towards its board members' financial stake in the company's performance.
Nokia's Commitment to Innovation
Nokia has long been recognized as a leader in B2B technology innovation. The company is at the forefront of developing advanced networks that are designed to sense, think, and act—utilizing enhancements from mobile, fixed, and cloud infrastructures. The esteemed Nokia Bell Labs also plays a pivotal role, celebrating 100 years of significant contributions to innovation.
The seamless integration of high-performance networks into various ecosystems presents new monetization opportunities for service providers and enterprises globally. Stakeholders rely on Nokia for developing secure and sustainable networks that meet today’s demands while simultaneously working toward future digital services and applications.
Future Prospects for Nokia
As Nokia continues to drive forward-thinking strategies, its investment in advanced technologies and strong infrastructure initiatives enhances its position in a competitive market. The company’s innovative approach is fundamental not just for achieving current objectives but also for fulfilling long-term visions in the tech landscape.
Contact Information for Inquiries
If you have any further questions or would like to reach out, Nokia has provided channels for communication:
- Nokia Communications:
Phone: +358 10 448 4900
Email: press.services@nokia.com - Maria Vaismaa, Global Head of External Communications
- Nokia Investor Relations:
Phone: +358 931 580 507
Email: investor.relations@nokia.com
Frequently Asked Questions
What is the significance of the recent share transactions at Nokia?
The share transactions reflect Nokia's commitment to aligning the interests of its Board members with those of shareholders, promoting accountability and investment in the company's success.
Who is Thomas Saueressig?
Thomas Saueressig is a member of Nokia's Board, recently involved in share transactions aimed at enhancing his compensation through equity in the company.
What role does Nokia Bell Labs play in the company?
Nokia Bell Labs is a significant facilitator of innovation within Nokia, contributing to research and development and celebrating over a century of technological achievements.
How does Nokia ensure its networks are sustainable?
Nokia focuses on developing high-performance networks that are secure and reliable, integrating sustainably into various ecosystems to foster new technology solutions.
Where can I find more information on Nokia's operations?
Nokia's official communications and investor relations sections provide valuable insights into the company's operations, contact information, and updates on their technology.
About The Author
Contact Kelly Martin privately here. Or send an email with ATTN: Kelly Martin as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.
