CORPORATE GOVERNANCE

Nokia Cancels Repurchased Shares

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By Oystein Bergmann, Bureau Chief, Scandinavia

Nokia Corporation has today cancelled 157 646 220 Nokia shares held by the company in line with the decision by the Board of Directors. The shares were repurchased during the period between 20 March 2024 and 21 November 2024 under the share buyback programme announced in March 2024.

The cancellation of the treasury shares was registered with the Finnish Trade Register on 4 December 2024.

The cancellation of the shares does not affect the company’s share capital nor total equity.

After the cancellation, the total number of shares and votes in Nokia Corporation is 5 605 850 345. After the cancellation, Nokia Corporation holds 208 160 941 treasury shares.

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