Latest Updates on Nokia Corporation's Share Transfers
Nokia Corporation has shared important updates about its share transfers, demonstrating its ongoing dedication to improving employee engagement through equity compensation.
Overview of Share Transfers
Today, Nokia transferred a total of 7,455,343 shares (NOKIA) to participants in its equity-based incentive plans. This transfer was made without any financial consideration, in line with the established guidelines of these plans. The Board of Directors had previously decided to issue these shares as part of the company's commitment to meet its obligations to plan participants, as announced on 4 October 2023.
Current Shareholding Overview
As a result of this transfer, Nokia Corporation now holds a total of 149,486,937 of its own shares. This adjustment is part of the company’s strategy to effectively manage its assets while also motivating its employees to contribute to its long-term success.
About Nokia Corporation
Nokia is a leader in technological innovation, dedicated to creating solutions that enable global cohesion. As a prominent B2B technology provider, Nokia is at the forefront of developing advanced networks that are not only efficient but also capable of intelligent sensing and response. This innovative vision is highlighted by Nokia’s significant contributions across mobile, fixed, and cloud networks.
Moreover, Nokia capitalizes on its valuable intellectual property and long-term research initiatives, led by the esteemed Nokia Bell Labs. These efforts ensure that Nokia remains a reliable partner for service providers, enterprises, and collaborators worldwide, delivering secure and sustainable network solutions while jointly developing future digital services and applications.
Contact Information
If you have any questions or need more information regarding the share transfers or other corporate matters, you can reach Nokia Communications at +358 10 448 4900. Alternatively, you may contact Maria Vaismaa, the Global Head of External Communications, via email at press.services@nokia.com.
For inquiries related to investors, Nokia's Investor Relations team is available at +358 40 803 4080 or via email at investor.relations@nokia.com.
Frequently Asked Questions
What recent changes occurred in Nokia's shares?
Nokia transferred 7,455,343 shares to participants of its equity-based incentive plans.
What is the current number of shares held by Nokia?
After the recent transfer, Nokia holds 149,486,937 shares.
What is Nokia's focus as a technology company?
Nokia focuses on creating technology that fosters collaboration globally, specializing in B2B innovation.
Who can be contacted for inquiries about Nokia's equity plans?
Nokia Communications can be contacted at +358 10 448 4900 for any inquiries related to equity plans.
How can investors reach Nokia's Investor Relations?
Investors can contact Nokia's Investor Relations at +358 40 803 4080 or email investor.relations@nokia.com.
