Stock Exchange Release
7 April 2022 at 21:00 EEST
Nokia Corporation: Repurchase of own shares on 07.04.2022
Espoo, Finland – On 7 April 2022 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:
|Trading venue (MIC Code)||Number of shares||Weighted average price / share, EUR*|
* Rounded to two decimals
On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the current authorization granted by Nokia’s Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in traches over a period of two years. The first phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052 started on 14 February 2022 and ends by 22 December 2022 with a maximum aggregate purchase price of EUR 300 million.
Total cost of transactions executed on 7 April 2022 was EUR 1,350,998.70. After the disclosed transactions, Nokia Corporation holds 51,708,926 treasury shares.
Details of transactions are included as an appendix to this announcement.
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David Mulholland, Head of Investor Relations