Nokia Cancels 150M Repurchased Shares
Ticker: NOKBF · Form: 6-K · Filed: Apr 23, 2025 · CIK: 924613
| Field | Detail |
|---|---|
| Company | Nokia Corp (NOKBF) |
| Form Type | 6-K |
| Filed Date | Apr 23, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-buyback, share-cancellation, corporate-action
TL;DR
Nokia just wiped 150M shares off the books from its buyback program.
AI Summary
Nokia Corporation announced on April 23, 2025, that it has cancelled 150,000,000 of its own shares. These shares were repurchased between November 25, 2024, and April 2, 2025, as part of a share buyback program initiated in November 2024.
Why It Matters
Share cancellation reduces the total number of outstanding shares, potentially increasing earnings per share and signaling confidence from the company.
Risk Assessment
Risk Level: low — This filing is a routine announcement regarding share cancellation following a completed buyback program.
Key Numbers
- 150,000,000 — Shares Cancelled (Represents shares repurchased and subsequently cancelled.)
Key Players & Entities
- Nokia Corporation (company) — Registrant
- 150,000,000 (dollar_amount) — Number of shares cancelled
- November 25, 2024 (date) — Start of share repurchase period
- April 2, 2025 (date) — End of share repurchase period
- April 23, 2025 (date) — Date of announcement and share cancellation
FAQ
What is the total number of Nokia shares cancelled?
Nokia Corporation has cancelled 150,000,000 shares.
When was the share cancellation announced?
The share cancellation was announced on April 23, 2025.
What was the period during which these shares were repurchased?
The shares were repurchased between November 25, 2024, and April 2, 2025.
Under which program were these shares repurchased?
The shares were repurchased under the share buyback program announced in November 2024.
What is the company's principal executive office address?
Nokia Corporation's principal executive office is located at Karakaari 7, FI-02610 Espoo, Finland.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on April 23, 2025 regarding NOKIA CORP (NOKBF).