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Nokia Corporation: Repurchase of own shares on 22.02.2022

23.02.2022 10:45

Nokia Corporation: Repurchase of own shares on 22.02.2022

Espoo, Finland – On 22 February 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*
XHEL 278,649 4.88
CEUX 35,193 4.88
AQEU 6,260 4.88
TQEX 2,698 4.86
Total 322,800 4.88

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 22 February 2022 was EUR 1,575,683.64. After the disclosed transactions, Nokia Corporation holds 51,534,729 treasury shares.

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