Nokia to buy back own shares

30 Mar 2006 | Financial , Nokia | 1 comment


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The Board of Directors confirmed its previously announced plan to repurchase Nokia shares by using a maximum of EUR 6.5 billion for the repurchases, so that a maximum of 405 million Nokia shares be repurchased.

The shares will be repurchased through public trading. Shares may be repurchased by using certain derivative, share lending or other arrangements, in which case the repurchase price paid by the Company may differ from the market price of the day of execution of the arrangement. All shares, however, are to be purchased at a price based on the market price of the Nokia share in public trading.

The repurchases will start on April 21, 2006.

~ 1 comment ~

by Mildred Bodington on Aug 31, 2006

I would like to sell my nokia shares. What price would you repurchase at?