Nokia's Share Transactions and Innovative Technology Updates

Nokia Corporation's Recent Share Transactions

Nokia Corporation has recently made significant moves regarding its share transactions. Notably, these transactions highlight the company's commitment to aligning its management's interests with shareholder value. On a designated date, a noteworthy announcement disclosed that approximately 40% of the annual fees for the Board members would be compensated through Nokia shares. This decision underscores the corporation’s dedication to its stockholders while fostering a deeper connection between the company's performance and the Board’s compensatory structure.

Key Transaction Details for Timo Ahopelto

On a specific date, Timo Ahopelto, a designated member of the Board, was involved in a transaction that resonates with this commitment. As part of the transaction notification requirements, officially recorded under the EU Market Abuse Regulation, it details a transaction involving an acquisition of shares for the board member. Nokia Corporation, under LEI 549300A0JPRWG1KI7U06, confirmed that a total of 18,732 shares were involved in this transaction. The venue for this transaction was NASDAQ HELSINKI LTD, with the shares being valued at 0.00 EUR, reflecting a share-based incentive.

Nokia's Commitment to Innovation

A prominent technological leader, Nokia is known for its forward-thinking approach in creating solutions that bring people together. The corporation operates robustly in the B2B technology landscape, striving for innovation that taps into mobile, fixed, and cloud networks. Renowned for its long-standing intellectual property development and research, Nokia is celebrated through infrastructures and services that facilitate networks capable of sensing, thinking, and acting autonomously.

Enhancing Network Reliability and Security

Nokia's high-performance networks are not just built for current demands but are designed to adapt to future necessities. Through open architectures, they seamlessly integrate with multiple ecosystems, ensuring reliability and security. This adaptability allows service providers and enterprises to explore new avenues for monetization and scalability. Trust and collaboration form the backbone of Nokia’s relationships with global partners who seek to enable new digital services and applications.

Contact Information for Inquiries

For any inquiries related to Nokia’s operations or transactions, the company invites communication through its professional channels. The Nokia Communications team can be reached at +358 10 448 4900 or via email at press.services@nokia.com. Furthermore, for matters relating to investor relations, contact +358 931 580 507 or investor.relations@nokia.com for a timely response from their dedicated team.

Frequently Asked Questions

What recent transactions has Nokia reported?

Nokia has announced that a member of its Board, Timo Ahopelto, participated in a recent transaction involving the purchase of 18,732 shares as part of a share-based incentive plan.

What percentage of Board fees are paid in shares?

Approximately 40% of the annual fees for Board members at Nokia are compensated through equity, aligning their interests with shareholders.

How does Nokia innovate in technology?

Nokia consistently pioneers new technologies through research and development, focusing on creating technologically advanced networks for various applications.

What is the nature of Nokia's network solutions?

Nokia provides high-performance networks that seamlessly integrate into ecosystems, ensuring security and reliability for service providers and enterprises worldwide.

How can I contact Nokia for inquiries?

Nokia can be reached at +358 10 448 4900 for general inquiries or +358 931 580 507 for investor relations or via their respective email addresses.

About The Author

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