Nokia Corporation: Repurchase of own shares on 19.05.2023
Nokia Corporation
Stock Exchange Release
19 May 2023 at 21:00 EEST
Nokia Corporation: Repurchase of own shares on 19.05.2023
Espoo, Finland – On 19 May 2023 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* |
| XHEL | 320,062 | 3.80 |
| CEUX | 38,341 | 3.81 |
| AQEU | 5,760 | 3.79 |
| TQEX | 5,837 | 3.80 |
| Total | 370,000 | 3.80 |
* Rounded to two decimals
On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia’s Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The second phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052 and under the authorization granted by Nokia’s Annual General Meeting on 5 April 2022 started on 2 January 2023 and ends at the latest by 21 December 2023 with a maximum aggregate purchase price of EUR 300 million.
Total cost of transactions executed on 19 May 2023 was EUR 1,407,813.00. After the disclosed transactions, Nokia Corporation holds 62,601,904 treasury shares.
Details of transactions are included as an appendix to this announcement.
On behalf of Nokia Corporation
BNP Paribas Exane
About Nokia
At Nokia, we create technology that helps the world act together.
As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.
Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.
Inquiries:
Nokia
Investor Relations
Phone: +358 40 803 4080
Email: investor.relations@nokia.com
David Mulholland, Head of Investor Relations
Attachment
To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
GlobeNewswire by notifiedGlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
Sampo plc’s share buybacks 31/05/20231.6.2023 07:30:00 CEST | Press release
SAMPO PLC STOCK EXCHANGE RELEASE 01/06/2023 at 08:30 am Sampo plc’s share buybacks 31/05/2023 On 31/05/2023 Sampo plc (business code 0142213-3, LEI 743700UF3RL386WIDA22) has acquired its own A shares (ISIN code FI0009003305) as follows: Sampo plc’s share buybacksAggregated daily volume (in number of shares)Daily weighted average price of the purchased shares*Market (MIC Code)7,64343.12AQEU27,38343.04CEUX12,17443.04TQEX72,80043.03XHELTOTAL120,00043.04 *rounded to two decimals On 29 March 2023, Sampo announced a share buyback programme of up to a maximum of EUR 400 million in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052. The programme, which started on 3 April 2023, is based on the authorisation granted by Sampo's Annual General Meeting on 18 May 2022. After the disclosed transactions, the company owns in total 4,175,623 Sampo A shares representing 0.82 per cent of the total number of shares in Sampo plc. Details o
Press Release: Sanofi launches 2023 global Employee Stock Purchase Plan1.6.2023 07:30:00 CEST | Press release
Sanofi launches2023 global Employee Stock Purchase Plan Paris, June 1 2023. Sanofi launches Action 2023, its global employee shareholder plan, open to around 86,000 employees in 56 countries. The program builds on plans carried out since 2013 and demonstrates the ongoing commitment of Sanofi and its Board of Directors to involve all employees, across all its territories, in the future development and results of the company. Paul Hudson Chief Executive Officer of Sanofi "This plan represents our desire to unite employees around a collective company performance, enabling them to feel truly invested in our growth story. Together with the Board of Directors, we believe the year over year increase in the plan’s participation clearly shows the commitment of our employees to the long-term success of Sanofi and our ambition to transform the practice of medicine.” Starting June 5th , the shares will be offered at a subscription price of 79,58€, which is equal to a 20% discount on the average of
Sandoz plans move to new central Basel headquarters by mid-2024, following proposed spin-off as standalone company1.6.2023 07:15:00 CEST | Press release
Sandoz AG to remain based in Basel, Switzerland following proposed spin-off from Novartis Announcement of planned city-center HQ marks important milestone as Sandoz prepares to become independent company Basel, as a global life sciences center, ideally located to attract top talent Basel, June 1, 2023 — Sandoz AG, a global leader in generic and biosimilar medicines, has announced the location of its future permanent headquarters in central Basel. The Sandoz AG headquarters plans to move to a landmark office building called “Elsässertor” in the center of Basel, right by the Basel SBB train station. Sandoz expects to move from the Novartis Campus to its new headquarters in mid-2024. The announcement confirms the Sandoz commitment to Basel following its proposed separation from Novartis in the second half of 2023. Sandoz CEO Richard Saynor says: “I’m delighted to confirm that we will continue to call Basel home. This is an important milestone on our way to becoming an independent company.
FLSmidth to expand mill liner capacity through acquisition of Morse Rubber1.6.2023 07:01:00 CEST | Press release
PRESS RELEASE 1 June 2023, Copenhagen, Denmark FLSmidth has, per 1 June 2023, acquired the American company Morse Rubber. Based in Iowa, Morse Rubber manufactures and markets specialised, heavy-duty rubber products for mineral processing, among others. Morse Rubber was formed more than three decades ago and has 23 employees. All employees will be transferred to FLSmidth as part of the acquisition. This acquisition fully supports FLSmidth Mining’s CORE´26 strategy, which includes targeting service growth through strategic investments and prioritisation. As the global market leader in large grinding mills, FLSmidth has a clear ambition of strengthening its service offerings around these products, especially for mill liners where FLSmidth has been capacity constrained in some regions. The Morse Rubber competences will be adding advanced molding capabilities for rubber and composite mill liners, as well as screen media and various rubber and rubber ceramic wear components, to the existing
DFDS launches new Initiative to Protect Sperm Whales in Southern Greece1.6.2023 07:00:00 CEST | Press release
At DFDS, our awareness of how our ferry and logistics activities impact biodiversity is growing. We are taking essential steps to protect marine life in the Mediterranean around the Southern part of Greece, a critical habitat for endangered sperm whales. Sofie Lindegaard, Head of Group Sustainability, explains, "Our responsibility to the marine life in the waters we operate is crucial. We want to ensure that our operations respect the different ecosystems." "Working closely with NGOs is an invaluable way to get insights into important and sometimes unknown areas and constructive input on how to address it," Sofie adds. Together with a coalition of NGOs, including IFAW, Ocean Care, Pelagos Cetacean Institute, and WWF Greece, DFDS has developed initiatives to reduce vessel-whale collisions in the Hellenic Trench in Southern Greece: Route Adjustments: We have redefined our vessel routes to avoid high-risk areas known for frequent sperm whale sightings. Slow Steaming: We have limited vesse