Recent Share Transactions and Insights on Nokia Corporation
Recent Developments in Nokia Corporation
Nokia Corporation has recently made headlines with notable transactions involving its Board members. These transactions highlight the company's ongoing commitment to aligning shareholder interests with executive incentives.
Executive Share Transactions
In a significant move, it was resolved during the Annual General Meeting that approximately 40% of the annual fee for Board members would be compensated in Nokia shares. This initiative reflects Nokia's commitment to fostering a close relationship between executives and shareholders, ensuring that both parties work towards the company's long-term success.
Details of the Transaction
On May 7, 2025, it was announced that Mike McNamara, a distinguished member of the Nokia Board, received shares as part of this incentive program. This transaction indicates the confidence and commitment Nokia has in its leadership and is part of a broader strategy to enhance performance through shared goals.
Here are the specifics of the transaction made by McNamara:
- Transaction Date: May 7, 2025
- Volume: 18,732 shares
- Instrument Type: Shares
- Venue: NASDAQ HELSINKI LTD (XHEL)
- ISIN: FI0009000681
- Nature of the Transaction: Receipt of a share-based incentive
- Unit Price: 0.00 EUR
Innovation and Technology at Nokia
Nokia Corporation is not only focused on rewarding its leadership but is also at the forefront of technological innovation. As a leader in B2B technology, Nokia is pioneering advancements that integrate mobile, fixed, and cloud networks seamlessly.
Commitment to Creating Value
Nokia emphasizes creating technology that aids global collaboration. They leverage their extensive intellectual property and long-term research initiatives led by Nokia Bell Labs, celebrated for its century-long contribution to innovation.
By adopting open architectures, Nokia is enabling high-performance networks that foster new monetization opportunities. Their secure, reliable, and sustainable networks are trusted by service providers, enterprises, and partners globally as they collaborate to forge the future of digital services and applications.
Contact Information for Inquiries
If you have any questions or require further information about Nokia Corporation, please reach out to their communications and investor relations teams:
Nokia Communications
Phone: +358 10 448 4900
Email: press.services@nokia.com
Maria Vaismaa, Global Head of External Communications
Nokia Investor Relations
Phone: +358 931 580 507
Email: investor.relations@nokia.com
Frequently Asked Questions
What was the recent transaction involving Nokia's Board member?
Mike McNamara, a member of Nokia's Board, received 18,732 shares as part of a share-based incentive announced by the company.
How does Nokia reward its Board members?
Nokia has implemented a policy where approximately 40% of Board members' annual fees are paid in the form of Nokia shares, aligning their interests with shareholders.
What is Nokia's focus in technology?
Nokia is focused on pioneering networks that integrate mobile, fixed, and cloud networks, fostering innovation and collaboration in digital services.
How can I contact Nokia for more information?
You can reach out to Nokia Communications or Investor Relations via phone or email. Their contact details are available in the article.
What is the significance of the transaction date mentioned?
The transaction date of May 7, 2025, marks when the share-based incentive was executed, highlighting the timing of the decision made during the Annual General Meeting.
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