Nokia Corporation Transfers Shares to Incentive Plan Participants
Significant Share Transfer by Nokia Corporation
Nokia Corporation has recently made headlines with a substantial transfer of shares, reflecting its ongoing commitment to its equity-based incentive plans. This move, which involved 12,567,829 shares, underscores the company's focus on enhancing team performance and aligning the interests of its employees with those of the shareholders.
Details of the Share Transfer
The total amount of shares transferred was executed without consideration to participants of Nokia's equity-based incentive plans. This transfer is in accordance with the established rules governing these plans and follows a resolution from the Board of Directors aimed at fulfilling the company’s commitments to its employees as previously announced.
Following this transfer, Nokia Corporation maintains a total of 177,840,080 own shares. This adjustment is part of a broader strategy to motivate and retain skilled workers, ensuring that team members are invested in the company’s long-term success.
About Nokia's Mission and Vision
Nokia has always been at the forefront of technological innovation. With a mission centered around creating technology that helps the world act collaboratively, Nokia is redefining the digital landscape. As a leader in B2B technology innovation, the company is pioneering networks that are adaptive, intelligent, and responsive.
Through an impressive utilization of mobile, fixed, and cloud networks, Nokia is not just focused on present solutions but is also paving the way for future opportunities. This is largely facilitated by the work carried out at Nokia Bell Labs, which has garnered global recognition for its trailblazing research and innovation.
Building Secure and Sustainable Networks
One of the key advantages of Nokia's high-performance networks is their ability to seamlessly integrate with a range of ecosystems. This flexibility creates new avenues for monetization and scalable solutions, which are critical in today's fast-paced technology sector. Service providers, enterprises, and partners alike rely on Nokia to deliver secure, dependable, and sustainable networks.
Connect with Nokia
Maintaining a line of communication with stakeholders is crucial for Nokia. To facilitate inquiries and provide information, Nokia Communications can be contacted directly by phone or through email.
For general communications, reach out to:
Nokia Communications
Phone: +358 10 448 4900
Email: press.services@nokia.com
Maria Vaismaa serves as the Global Head of External Communications and is available for any press-related concerns.
Nokia’s Investor Relations team is also eager to assist potential and current investors. You can connect with them at:
Nokia
Investor Relations
Phone: +358 40 803 4080
Email: investor.relations@nokia.com
Frequently Asked Questions
What prompted Nokia to transfer shares to its incentive plan participants?
The transfer was part of the company's strategy to fulfill commitments made to employees enrolled in its equity-based incentive plans, aligning their interests with shareholder success.
How many shares did Nokia transfer?
Nokia transferred a total of 12,567,829 shares as part of the share distribution process.
How many shares does Nokia hold after the transfer?
After the transfer, Nokia Corporation holds a total of 177,840,080 own shares.
What is Nokia's primary focus in terms of innovation?
Nokia focuses on creating high-performance, secure, and sustainable networks that integrate fully into various ecosystems, which drives both current and future technological advancements.
How can I reach Nokia for more information?
Nokia can be contacted through their Communications and Investor Relations teams via the phone numbers and emails provided, ensuring open communication for inquiries and support.
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/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.
