Nokia Takes Bold Step by Cancelling 150 Million Shares

Author: Caleb Price Updated: 04-23-2025 09:04 AM

Nokia Implements Significant Share Cancellation

Nokia Corporation has made headlines by cancelling 150 million shares that were previously repurchased by the company. This strategic decision, approved by the Board of Directors, reflects Nokia's commitment to refining its capital structure and enhancing shareholder value.

Details Surrounding the Share Cancellation

The shares targeted for cancellation were acquired during a specified period between late November 2024 and early April 2025 as part of a broader share buyback initiative which was announced in November of the same year. This action aligns with the company's ongoing strategy to optimize its equity structure.

Impact of the Share Cancellation

With the cancellation officially registered with the Finnish Trade Register, there are significant implications for Nokia’s overall share count. Following this cancellation, Nokia will now have a total of 5,455,850,345 shares and votes remaining in circulation. The company will also retain 66,184,658 treasury shares, indicating a strategic reserve that can be used for future corporate purposes.

Nokia's Vision and Innovation

Beyond the numbers, Nokia is firmly rooted in its mission to innovate technology that fosters global connectivity. The company focuses on providing B2B technology solutions that emphasize seamless interactions in mobile, fixed, and cloud networks. Nokia is at the forefront, pioneering intelligent networks that not only meet current market demands but also anticipate future needs.

Commitment to Research and Development

A vital component of Nokia’s innovative approach is its dedication to long-term research and development. The esteemed Nokia Bell Labs, celebrating a century of technological advancement, plays a pivotal role in this mission, focusing on cutting-edge solutions that drive the industry forward.

Building Sustainable Networks for the Future

Nokia's strategic choices, including the share cancellation, reflect a robust commitment to sustainability and reliability in network solutions. As service providers and enterprises globally increasingly rely on high-performance networks, Nokia is seen as a trusted ally in delivering secure and efficient services.

Global Partnerships and Future Initiatives

Nokia collaborates with diverse partners around the globe to explore opportunities that enhance monetization and scalability in digital services and applications. This collaborative spirit underscores Nokia's role as a leader in technology and innovation.

Frequently Asked Questions

What was the reason for the share cancellation by Nokia?

Nokia cancelled the shares to optimize its capital structure and enhance shareholder value, reflecting a strategic decision by the Board of Directors.

How many shares does Nokia have left after the cancellation?

After the cancellation, Nokia will have a total of 5,455,850,345 shares outstanding and 66,184,658 treasury shares.

What does the share buyback program entail?

The share buyback program allows Nokia to repurchase its own shares to boost share value and improve capital efficiency, which was active between November 2024 and April 2025.

What is Nokia's focus in innovation?

Nokia is focused on developing technology solutions that enhance network connectivity, with significant investment in research and development through Nokia Bell Labs.

How can I contact Nokia for more information?

For inquiries, you can contact Nokia Communications at +358 10 448 4900 or via email at press.services@nokia.com. For investor relations, reach them at +358 931 580 507 or investor.relations@nokia.com.

About The Author

Hey there I'm Caleb Price, a writer and financial specialist who loves to assist others in understanding the financial world. Having years of practical experience and a solid background in finance, my area of expertise is converting difficult financial ideas into useful, doable insights for my blog and publications. My goal with my writing is to give readers the information and assurance they need to successfully negotiate their financial journeys.

My ability to interact with a wide range of people—from novices starting their investing journey to seasoned investors looking for new approaches—has come from contributing to several financial blogs. Making money approachable and understandable is my goal; this will enable you to make wise choices and realize your financial objectives. We appreciate you coming along on this path to success and financial empowerment on Investors Hangout.

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