Nokia Corporation Shares Transfer to Incentive Plan Participants
Nokia Corporation Shares Transfer Explained
Nokia Corporation recently undertook a significant move by transferring a total of 11,148 shares to participants of its equity-based incentive plans. This decision aligns with the company's strategic goals and the Board of Directors' resolution to utilize shares from their treasury to fulfill these commitments. By issuing shares, Nokia emphasizes its commitment to its employees and stakeholders, fostering a sense of ownership and engagement.
Significance of the Share Transfer
The transfer of shares not only fulfills Nokia's obligations under the incentive plans but also illustrates the company's dedication to its workforce. In total, after this transaction, Nokia is left with approximately 64,685,389 shares. This adjustment highlights Nokia's commitment to attract and retain talent while motivating employees through equity ownership.
Nokia's Role as a Technology Leader
As a recognized B2B technology innovation leader, Nokia plays a pivotal role in shaping the future of connectivity. The company's advanced networks and services empower businesses worldwide to optimize their operations. With solutions that encompass mobile, fixed, and cloud networks, Nokia addresses the evolving demands of modern communication.
The Importance of Intellectual Property
Nokia's value proposition extends beyond just network technology; it also prioritizes intellectual property and long-term research. The esteemed Nokia Bell Labs, renowned for its innovations over the past century, exemplifies the company's commitment to research and development. By continuously driving advancements, Nokia is well-positioned to offer cutting-edge technology solutions.
Building Sustainable Networks
The future of digital services relies on sustainable and reliable networks. Nokia is at the forefront of this transformation, providing high-performance networks that enable seamless integration into various ecosystems. This adaptability supports service providers and enterprises in creating new opportunities for monetization, ensuring that businesses can thrive in a competitive landscape.
Commitment to Security and Reliability
With a global footprint, Nokia's networks are trusted by numerous service providers and enterprises to deliver secure and reliable services. The company's dedication to sustainability not only addresses current technological demands but also anticipates future challenges. Nokia invites partners to collaborate in crafting innovative digital applications that reshape industries.
Contact Information for Inquiries
For further information, Nokia Communications is available to address inquiries. You can reach them at the following:
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 were the shares transferred by Nokia Corporation?
Nokia Corporation transferred a total of 11,148 shares to participants of its equity-based incentive plans.
Why did Nokia transfer shares?
The transfer was made to fulfill commitments to participants of the equity-based incentive plans, enhancing employee engagement.
How many shares does Nokia hold after the transfer?
After the transfer, Nokia Corporation holds approximately 64,685,389 shares.
What role does Nokia play in the technology industry?
Nokia is a B2B technology innovation leader, known for pioneering advanced networking solutions across mobile, fixed, and cloud networks.
How can I contact Nokia for more information?
You can reach Nokia Communications via phone at +358 10 448 4900 or email at press.services@nokia.com.
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