Nokia Shares Transition to Equitable Incentive Plan Participants
Significant Transfer of Shares by Nokia Corporation
Nokia Corporation has recently made significant changes to its own shares, a move that affects its equity-based incentive plans. This strategic decision aligns with the company's ongoing commitment to rewarding its valued participants and maintaining strong corporate governance.
Details of the Share Transfer Process
As part of these changes, Nokia Corporation transferred a total of 27,200,377 shares today. This change reflects Nokia's dedication to its employees and demonstrates the company's ability to respond proactively to the needs of its valued workforce. The shares were allocated without any consideration to participants involved in Nokia's incentive plans, as defined by the established rules governing these initiatives.
Background of the Share Issue
The transfer of shares stems from decisions made by the Board of Directors, which previously announced the issuance of shares to fulfill commitments to the incentive plan participants. Specific resolutions were made in November 2024, highlighting Nokia's focus on transparency and team engagement.
Current Holdings Post-Transfer
After executing the transfer, Nokia Corporation now holds a total of 37,159,428 shares. This adjustment plays a crucial role in maintaining an effective capital structure while offering rewards to those who contribute to the company's success.
About Nokia Corporation
Nokia Corporation is known for fostering innovative technology that promotes global collaboration. The company operates as a leading B2B technology innovator, transforming the landscape of networking through advanced solutions that sense, think, and act.
Pioneering Network Innovations
By intertwining mobile, fixed, and cloud networks, Nokia is at the forefront of creating versatile architectures that facilitate robust monetization opportunities and scalability. Customers across the globe, including service providers and enterprises, place their trust in Nokia to deliver secure and sustainable networks.
Research and Development Initiatives
Moreover, Nokia continues to invest heavily in research and development, supported by the renowned Nokia Bell Labs, which has celebrated a century of continuous innovation. This focus on R&D not only provides cutting-edge technology but also reinforces Nokia's status as an industry leader.
Customer Engagement and Future Opportunities
Nokia strives to create lasting partnerships with its clients, offering future-ready digital services and applications. Through collaboration and integration across various sectors, Nokia aims to revolutionize the way technology interacts with daily life.
Engaging with Stakeholders
To facilitate communication and foster relations with stakeholders, Nokia has an open channel for inquiries. The company is fully prepared to address questions from both the media and investors to ensure complete transparency.
Contact Information
If you have specific inquiries regarding Nokia's corporate development or investor relations, you can reach out to Nokia Communications or Investor Relations. The communication team is available at +358 10 448 4900 for any media-related questions. For investor inquiries, they can be contacted at +358 931 580 507.
Frequently Asked Questions
What recent changes did Nokia Corporation make regarding shares?
Nokia Corporation transferred 27,200,377 shares to participants of its equity-based incentive plans as part of its reward strategy.
How many shares does Nokia hold after the transfer?
Post-transfer, Nokia Corporation holds a total of 37,159,428 shares.
What is the significance of this share transfer?
This share transfer emphasizes Nokia's commitment to employee engagement and aligns with corporate governance practices.
How does Nokia innovate in technology?
Nokia leads in B2B technology innovation, developing networks that leverage cloud, mobile, and fixed solutions for enhanced connectivity.
How can stakeholders contact Nokia for inquiries?
Nokia provides contact services through its communications and investor relations teams, ensuring transparency and engagement with stakeholders.
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