Nokia Corporation's Strategic Transfer of Own Shares Explained
Nokia Corporation's Share Transfer: An Overview
Nokia Corporation, a leading player in B2B technology innovation, has recently undertaken a strategic transfer of its own shares. On a significant day, the company processed a transfer of 566,919 shares to participants in its equity-based incentive plans. This move aligns with their commitment to reward and motivate team members who contribute to Nokia’s continuous growth and innovation.
Details of the Share Transfer
The transfer, executed without consideration, ensures that participants in Nokia's incentive plans receive shares held by the company, based on the resolution by the Board of Directors. This decision also serves to settle Nokia’s commitments as outlined previously on announcements made in early October. After this transfer, Nokia holds a total of 188,860,209 of its own shares.
Nokia's Commitment to Innovation
Beyond the transfer of shares, it’s crucial to understand Nokia’s mission. The company aims to create cutting-edge technology that enables global cooperation. As an innovation leader, Nokia is at the forefront of developing next-generation networks that possess the ability to sense, think, and act, maximizing the potential of mobile, fixed, and cloud networks.
Leading with Advanced Research
Nokia’s efforts are supported by the renowned Nokia Bell Labs, known for its groundbreaking work in intellectual property and long-term research. This commitment to innovation allows Nokia not only to lead in network solutions but also to provide significant value to businesses around the world.
The Importance of Robust Networks
The networks developed by Nokia are designed with open architectures that integrate seamlessly into various ecosystems. These high-performance networks are essential for enabling service providers and enterprises to monetize their offerings effectively. Nokia's focus on sustainability helps ensure that the services built on these networks are both secure and reliable.
Collaboration for Future Services
As Nokia forges ahead, the trust placed in its solutions by service providers and partners worldwide underlines the company’s dedication to shaping future digital services and applications. Collaborating with industry players, Nokia is well-positioned to navigate the evolving landscape of connectivity, paving the way for future innovations.
Contact Nokia for More Information
For further inquiries regarding this share transfer or other corporate matters, Nokia has provided multiple avenues for communication. The Nokia Communications team can be reached by phone or through their dedicated email. Investors can also connect through their Investor Relations department for detailed insights and support.
Frequently Asked Questions
What was the reason for Nokia's recent share transfer?
The transfer was made to participants of Nokia’s equity-based incentive plans, reflecting the company's commitment to reward its employees.
How many shares did Nokia transfer?
Nokia transferred a total of 566,919 shares as part of this initiative.
What is Nokia's current share holdings after the transfer?
After the transfer, Nokia retains 188,860,209 shares.
What are Nokia's main areas of focus?
Nokia focuses on developing technology for mobile, fixed, and cloud networks while driving innovation through research.
How can I contact Nokia for more information?
Nokia Communications can be contacted via phone or email for inquiries, and Investor Relations is available for investor-specific queries.
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