Nokia Transfers Own Shares to Incentive Plan Participants
Nokia Corporation transferred 43,552,813 of its own shares to participants in its equity-based incentive plans on July 9, 2026. The transfer was made without consideration.
Espoo, Finland – Nokia Corporation announced on July 9, 2026, a significant transaction involving its own shares. The company transferred a total of 43,552,813 Nokia shares held by the company to participants of its equity-based incentive plans. This transfer was conducted without consideration.
The transaction is in line with the company's stated commitment to its incentive plans, based on a Board of Directors' resolution announced on October 2, 2025. Following this transfer, Nokia Corporation's holding of own shares was reduced to 88,583,624.
This move is part of Nokia's broader strategy to align the interests of the company and its employees. The incentive plans are designed to reward personnel and management for their contributions to the company's performance and long-term success.
Nokia operates as a global leader in connectivity technologies, specializing in fixed, mobile, and transport networks. The company aims to advance connectivity to support a more connected and sustainable world.