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Nokia issues 8.2 million shares for incentive plan

Published Nov 22, 2023 18:02
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ESPOO, Finland - Nokia (HE:NOKIA) Corporation has recently bolstered its equity incentive plan by distributing 8,222,486 shares to beneficiaries, as confirmed today. This move follows an authorization by the company's board in October and leaves Nokia with a treasury stock of 154,740,248 shares.

The Finnish technology giant is renowned for its leadership in B2B technology solutions, particularly in crafting secure and sustainable network systems for service providers. Nokia's commitment to innovation is underpinned by the research and development activities at Nokia Bell Labs, which continue to drive advancements in mobile, fixed, and cloud networking technologies.

These strategic initiatives enable Nokia to provide cutting-edge network solutions and collaborate with global partners to develop new digital services and applications. This ensures a robust and interconnected future as the company strengthens its position in the technology sector.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Nokia issues 8.2 million shares for incentive plan
 

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