Nokia Corporation: Repurchase of own shares on 21.03.2022

Nokia Corporation
Stock Exchange Release
21 March 2022 at 21:00 EET

Nokia Corporation: Repurchase of own shares on 21.03.2022

Espoo, Finland – On 21 March 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    249,840    4.86
CEUX    14,849    4.86
AQEU    11,633    4.85
TQEX    1,678    4.87
Total    278,000    4.86
* 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.